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ELTEK (ELTK)

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Recent press releases and 8-K filings for ELTK.

Eltek Reports Q3 2025 Net Loss Amidst Currency Headwinds and Operational Instability
ELTK
Earnings
Guidance Update
New Projects/Investments
  • Eltek reported Q3 2025 revenue of $13.3 million and a net loss of $0.2 million, or $0.03 per share, compared to a net income of $1.7 million, or $0.25 per share, in Q3 2024.
  • The company's financial results were significantly impacted by the sharp depreciation of the US dollar against the Israeli shekel, which increased NIS-denominated expenses and reduced gross profits, with an approximate $800,000 impact on operating profit compared to Q3 2024.
  • Eltek continues to experience operational instability due to the ramp-up of new equipment and integration of new staff, alongside increased competition from new foreign entrants causing price pressure in mid to high-volume production segments.
  • The company expects positive impacts from a revised pricing model in coming quarters and aims to stabilize production processes and improve gross margins to 26-27% by mid-2026 with the integration of a new coating line.
Nov 18, 2025, 2:00 PM
Eltek Ltd. Reports Q3 2025 Net Loss Amid Currency Depreciation and Operational Instability
ELTK
Earnings
Guidance Update
New Projects/Investments
  • Eltek Ltd. reported Q3 2025 revenues of $13.3 million and a net loss of $0.2 million ($0.03 per share), compared to Q3 2024 revenues of $13.5 million and net income of $1.7 million ($0.25 per share).
  • The company's results were significantly impacted by the sharp depreciation of the US dollar against the Israeli shekel, which negatively affected gross profits and operating income by approximately $800,000 compared to Q3 2024, and resulted in $0.3 million in financial expenses.
  • Operational instability due to the ramp-up of new equipment and integration of new staff, along with increased raw material consumption and higher depreciation expenses, also contributed to the lower operating results.
  • While demand for products remains strong, particularly from the defense sector (63% of quarterly sales), new foreign competitors are increasing pressure on pricing in mid to high-volume production.
  • Management expects positive impacts from a revised pricing model in upcoming quarters and anticipates operational stabilization by mid-2026, targeting a medium-term gross margin of 26%-27%.
Nov 18, 2025, 2:00 PM
Eltek Ltd. Reports Q3 2025 Financial Results
ELTK
Earnings
New Projects/Investments
  • Eltek Ltd. reported revenues of $13.3 million for the third quarter of 2025, a slight decrease from $13.5 million in Q3 2024.
  • The company posted a net loss of $0.2 million, or $0.03 per fully diluted share, in Q3 2025, compared to a net income of $1.7 million, or $0.25 per fully diluted share, in Q3 2024.
  • Operating income for Q3 2025 was $0.05 million, significantly down from $1.9 million in Q3 2024, primarily due to the sharp depreciation of the U.S. dollar against the NIS which increased NIS-denominated expenses.
  • As of September 30, 2025, Eltek held $11.6 million in cash, cash equivalents, and short-term deposits.
  • For the first nine months of 2025, revenues increased to $38.6 million from $35.8 million in the prior year, though net profit decreased to $1.1 million from $4.2 million.
Nov 18, 2025, 12:35 PM
Eltek Ltd. Reports Q3 2025 Financial Results
ELTK
Earnings
Profit Warning
  • Eltek Ltd. reported Q3 2025 revenues of $13.3 million, a slight decrease from $13.5 million in Q3 2024, and a net loss of $0.2 million, or $0.03 per fully diluted share, compared to a net income of $1.7 million, or $0.25 per fully diluted share, in Q3 2024.
  • The company's profitability was significantly impacted by the sharp depreciation of the U.S. dollar against the NIS, which increased NIS-denominated expenses and resulted in financial expenses of $0.3 million for the quarter.
  • For the first nine months of 2025, revenues increased to $38.6 million from $35.8 million in the first nine months of 2024, but net profit decreased to $1.1 million, or $0.17 per fully diluted share, from $4.2 million, or $0.63 per fully diluted share in the prior year period.
  • As of September 30, 2025, cash, cash equivalents, and short-term deposits totaled $11.6 million.
Nov 18, 2025, 12:30 PM
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