Welcome to our dedicated page for Eltek news (Ticker: ELTK), a resource for investors and traders seeking the latest updates and insights on Eltek stock.
Eltek Ltd. manufactures custom printed circuit boards for high-end electronic applications, including HDI, multilayer and flex-rigid boards. The Israel-based company serves customers in defense, aerospace, medical technology, industrial, telecom and networking equipment markets, with a North American subsidiary and sales channels through agents and distributors in multiple regions.
Recurring news for ELTK covers financial results, earnings-call schedules, customer purchase orders, order delivery schedules and operating outlook updates tied to its PCB manufacturing business. Company updates also reference certifications and compliance standards such as ITAR, AS-9100 and NADCAP Electronics, along with demand trends in defense, aerospace and medical end markets.
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Eltek Ltd. (NASDAQ: ELTK), a global manufacturer of printed circuit boards, has filed its annual report with the U.S. Securities and Exchange Commission for the fiscal year ending December 31, 2022. The report includes audited consolidated financial statements and is accessible on the company's website. Eltek, an Israeli leader in PCB technology, specializes in high-quality, complex PCBs for the defense, aerospace, and medical industries. The company has received multiple industry certifications, including ITAR compliance and AS-9100 certifications.
Eltek Ltd. (NASDAQ: ELTK) announced its financial results for the full year and Q4 2022 on March 9, 2023. Full year revenues reached $39.6 million with a net profit of $3.2 million or $0.55 per fully diluted share. Q4 revenues were $10.5 million, with a net profit of $0.8 million or $0.14 per share. Operating profit for 2022 was $3.0 million, up from $1.9 million in 2021. The company reported a 70% growth in backlog and received approval for a 40% participation in an $800,000 development program from the Israel Innovation Authority. Eltek is positioned for growth in the expanding global PCB market.
Eltek Ltd. (NASDAQ: ELTK), a leader in printed circuit board technology, announced it will release its financial results for Q4 and FY 2022 prior to the market opening on March 9, 2023. The results will be available via press release and on their corporate website. Following the release, a conference call is scheduled at 8:30 a.m. ET for discussions led by CEO Eli Yaffe and CFO Ron Freund. Investors can access the call through specified teleconference numbers, and a replay will be archived on their website. Eltek specializes in advanced PCB solutions for sectors including defense, aerospace, and medical.
On January 17, 2023, Eltek Ltd. (NASDAQ: ELTK) announced it received a notification from the Ministry of Environmental Protection about a proposed penalty of approximately $0.6 million for an alleged violation of the Clean Air Law during 2019-2020. The company aims to negotiate a reduction of this penalty in accordance with legal provisions. Eltek, a leader in the printed circuit board industry, specializes in high-quality complex PCBs and serves sectors like defense and aerospace globally.