Eltek Ltd. Reports 2024 Third Quarter Financial Results
Eltek Ltd. - Ordinary Shares (ELTK)
US:NASDAQ Investor Relations:
eleceltek.com/en/financial.php?tid=5
Company Research
Source: PR Newswire
PETACH TIKVA, Israel, Nov. 19, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2024.Third Quarter 2024 HighlightsRevenues were $13.5 million, up 14 % over Q3 2023Operating profit was $1.9 millionProfit before tax was $2.0 millionNet income was $1.7 million or $0.25 per fully diluted shareAs of September 30, 2024, cash and cash equivalents amounted $18.1 million"In the third quarter of 2024, we delivered strong financial results. We generated a record of $13.5 million in sales, bringing our revenues to $35.8 million for the first three quarters of 2024 and twelve-month trailing revenues (TTM) of $48 million. Our gross profit for the quarter totaled $3.5 million, with a net profit of $1.7 million. The gross margin for the third quarter reached 26%, reflecting the alignment of our product mix with
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ELTK
News
- Eltek Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- What To Expect From Eltek Ltd (ELTK) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
- Eltek Sets Earnings Release Date and Conference Call to Report Third Quarter 2024 Results on November 19, 2024PR Newswire
ELTK
Earnings
- 11/19/24 - Miss
ELTK
Sec Filings
- 11/19/24 - Form 6-K
- 11/12/24 - Form 6-K
- ELTK's page on the SEC website