DonCorleone77 Posted - 2 days ago

$ELTK Eltek reports Q3 EPS 25c vs. 36c last year Reports Q3 revenue $13.5M vs. $11.9M last year. "In Q3 of 2024, we delivered strong financial results. We generated a record of $13.5M in sales, bringing our revenues to $35.8M for the first three quarters of 2024 and twelve-month trailing revenues of $48M. Our gross profit for the quarter totaled $3.5 million, with a net profit of $1.7M. The gross margin for Q3 reached 26%, reflecting the alignment of our product mix with market demand and the adjustment of production workers' wages to the current state of the local employment market. We continue to see robust demand across our two main customer segments: defense and aerospace, and medical devices. As of the end of the quarter, our cash and cash equivalents stood at $18.1M, providing significant financial support for our growth strategy," said CEO Eli Yaffe. "In response to continued demand for our products and our strong profitability, Eltek's Board of Directors has adopted a dividend policy, effective from 2024 year-end onwards. The policy will allow for an annual distribution of up to 25% of our net income, as determined under US GAAP".

harrywebster Posted - 1 month ago

$ELTK Any news?? Stock is weak this morning, didn't see any particular reason. Their defense business could actually benefit from increased Middle East conflict.

EingeLTrade Posted - 1 month ago

Do you want to see with your own eyes how big this WW3 overused narrative scam is❔ Just take a look at the Israeli companies themselves, some up, some down -4% max, 4%...on the same day the country was attacked. $EIS index -3% same level as last Tuesday. $ELTK $ESLT $MNDY $TEVA

Stock_Titan Posted - 08/27/24

$ELTK Eltek Receives Purchase Orders Totaling $3.5 Million https://www.stocktitan.net/news/ELTK/eltek-receives-purchase-orders-totaling-3-5-puvwrcryw2gu.html

VonSelow Posted - 08/23/24

@randompics $ELTK? i made money here but dont know if you would call it 'successful' certainly moderately so?

LewisDaKat Posted - 3 months ago

News Article $ELTK Eltek Ltd. Reports 2024 Second Quarter Financial Results https://marketwirenews.com/news-releases/eltek-ltd-reports-2024-second-quarter-financial-resu-8872987746885096.html $ELTK

epsguid Posted - 3 months ago

$ELTK reported earnings of $0.11, consensus was $0.25 via @eWhispers #epsmiss http://eps.sh/d/eltk

Thestocktraderhubzee Posted - 3 months ago

$ELTK Eltek Q2 EPS $0.11 Misses $0.25 Estimate, Sales $10.47M Miss $11.90M Estimate

Stock_Titan Posted - 3 months ago

$ELTK Eltek Ltd. Reports 2024 Second Quarter Financial Results https://www.stocktitan.net/news/ELTK/eltek-ltd-reports-2024-second-quarter-financial-seof45v51h24.html

kiwitc2000 Posted - 3 months ago

$ELTK Waking up again.

Stock_Titan Posted - 3 months ago

$ELTK Eltek Sets Earnings Release Date and Conference Call to Report Second Quarter 2024 Results on August 15, 2024 https://www.stocktitan.net/news/ELTK/eltek-sets-earnings-release-date-and-conference-call-to-report-7vkp1zrb84uz.html

epsguid Posted - 6 months ago

$ELTK reported earnings of $0.27, consensus was $0.26 via @eWhispers #epsbeat http://eps.sh/d/eltk

DonCorleone77 Posted - 6 months ago

$ELTK Eltek reports Q1 EPS 27c vs. 27c last year Reports Q1 revenue $11.8M vs. $11.5M last year. "We have ended another successful quarter with net income of $1.74M, compared to $1.56M in Q1 2023, an increase of 11%. Revenues reached $11.8M, marking a 3% rise compared to the same period last year. We have seen a consistent uptrend in both product orders and requests for quotations during the quarter...We anticipate sustained high demand in the defense sector, for the next 2-3 years. Our current principal production constraint lies in manpower and not in machine capacity. To manage this increased demand for our products, we're actively seeking to boost our workforce by 15% in the short term and an additional 10% thereafter. Looking ahead to 2024 and 2025, we anticipate significant challenges as we undertake extensive construction work and integrate additional new production lines and machines. Our focus is on ensuring the smooth installation of new equipment while sustaining full production capacity on our existing lines. We continue to seek a suitable PCB manufacturing company to acquire in the American market to enhance our presence in North America. Concurrently, we are exploring additional options for expanding production at our plant in Israel to support our growth strategy".

Stock_Titan Posted - 6 months ago

$ELTK Eltek Ltd. Reports 2024 First Quarter Financial Results https://www.stocktitan.net/news/ELTK/eltek-ltd-reports-2024-first-quarter-financial-6rca7c3f78d2.html

Stock_Titan Posted - 6 months ago

$ELTK Eltek Sets Earnings Release Date and Conference Call to Report First Quarter 2024 Results on May 21, 2024 https://www.stocktitan.net/news/ELTK/eltek-sets-earnings-release-date-and-conference-call-to-report-first-zlz5xuho7hs3.html

UncleStock Posted - 7 months ago

$ESEA $DAC $INVA $ELTK suggested for Levermann - value screen: https://zpr.io/Zrp84A3u8AJ3

UncleStock Posted - 03/29/24

$DAC $INVA $ELTK $SMLR suggested for Levermann - value screen: https://zpr.io/Zrp84A3u8AJ3

Stock_Titan Posted - 03/26/24

$ELTK Eltek Announces Filing of 2023 Annual Report https://www.stocktitan.net/news/ELTK/eltek-announces-filing-of-2023-annual-epxaozc0zdqp.html

TheMarketsTheTarget Posted - 8 months ago

$ELTK Wow! Could be over here!

UncleStock Posted - 8 months ago

$INVA $ELTK $HCC $ARCH suggested for Levermann - value screen: https://zpr.io/Zrp84A3u8AJ3

Fullratio Posted - 8 months ago

$ELTK return on invested capital has surged by 196% year-on-year and by 22% since the previous quarter: https://fullratio.com/stocks/nasdaq-eltk/eltek

ladiesman218 Posted - 8 months ago

$ELTK scam just like the country

TheMarketsTheTarget Posted - 8 months ago

$ELTK Absolutely abysmal!

johnlesser Posted - 8 months ago

$ELTK A $3. discount I'll take it. Have been waiting to get a deal on ELTK

bhagyam Posted - 8 months ago

$ELTK What s bunch of shorts fuckery! It will explode in 1-2 months when they start using the money they just received

mikesterz7 Posted - 8 months ago

$ELTK Full Year and Fourth Quarter 2023 Highlights Revenues: Full-year revenue soared to a record $46.7 million in 2023, representing 18% year-over-year growth. Profitability: Net income reached $6.4 million in 2023, reflecting almost two times 2022 net income. EBITDA reached $8.6 million, a 91% increase compared to $4.5 million in 2022. This substantial growth underscores the efficiency of our operations, strategic initiatives, and the unwavering trust our customers place in Eltek. Earnings per Share (EPS): Diluted EPS jumped to $1.07 in 2023, an increase of 93% compared to 2022. This accomplishment reflects the dedication of our team and the effectiveness of our business strategies. Q4 Highlights: Revenue climbed to $12.3 million in Q4, marking an 18% increase from the same period last year. Net income for the quarter reached $1.3 million and EBITDA for the quarter reached $2.4 million.

harrywebster Posted - 8 months ago

$ELTK Down over 20%??? There was a weird loss in other income in Q4 due to currency fluctuations. If they'd reported their normal gain of a few hundred K, they'd have earned .30/share or so in Q4. And now they have $3+/share in cash on the balance sheet. What a deal after this selloff!

DonCorleone77 Posted - 8 months ago

$ELTK Eltek reports Q4 EPS 22c, one estimate 31c Reports Q4 revenue $12.3M, one estimate $12.2M.

epsguid Posted - 8 months ago

$ELTK reported earnings of $0.22, consensus was $0.31 via @eWhispers #epsmiss http://eps.sh/d/eltk

Stock_Titan Posted - 8 months ago

$ELTK Eltek Ltd. Reports Full year and Fourth Quarter 2023 Financial Results https://www.stocktitan.net/news/ELTK/eltek-ltd-reports-full-year-and-fourth-quarter-2023-financial-n3gcft8emc7y.html