Eltek .(ELTK)

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Eltek .(ELTK) - 2022 Q4 - Earnings Call Transcript
2023-03-09 16:46
Eltek Ltd. (NASDAQ:ELTK) Q4 2022 Earnings Call Transcript March 9, 2023 8:30 AM ET Company Participants Eli Yaffe - Chief Executive Officer Ron Freund - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. 2022 Full Year and Fourth Quarter Financial Results Conference Call. All participants are at present in a listen-only mode. Following management's formal presentation, instructions will be given for the question-and-answe ...
Eltek .(ELTK) - 2023 Q1 - Quarterly Report
2023-03-08 16:00
Exhibit 99.1 Press Release Eltek Ltd. Reports Full year and Fourth Quarter 2022 Financial Results Full Year and Fourth Quarter 2022 Highlights "We are pleased to announce strong growth in revenues and earnings for the year 2022. This was due to increased demand for our high-quality printed circuit boards. The growth in revenues is a testament to the hard work and dedication of our team, as well as the loyalty of our customers. We are excited to continue building upon this momentum in the coming year," said ...
Eltek .(ELTK) - 2022 Q3 - Earnings Call Transcript
2022-11-16 15:57
Financial Data and Key Metrics Changes - Revenue for Q3 2022 totaled $10.3 million, an increase of 30% compared to $8 million in Q3 2021 [8] - Net profit was $1 million or $0.70 per share in Q3 2022, compared to a net profit of $0 million in Q3 2021 [10] - EBITDA for Q3 2022 was $1.4 million, up from $0.6 million in Q3 2021 [10] - Cash and cash equivalents as of September 30, 2022, were $7.8 million, down from $9.3 million at December 31, 2021 [10] Business Line Data and Key Metrics Changes - The company successfully installed three new manufacturing machines in Q3 2022 and plans to install two additional machines in Q4 2022 [6] - The workforce increased by 18% since the beginning of 2022 to meet production demand [6] Market Data and Key Metrics Changes - The backlog remained strong, indicating continued demand for high-end products [5] Company Strategy and Development Direction - The company is focusing on increasing sales and profitability through an accelerated investment program [6] - Negotiations with government authorities regarding project continuations for 2023 and 2024 have concluded, although official purchase orders have not yet been received [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing demand for high-end products supporting sales efforts [5] - The company is actively working with its insurance company to recover expenses incurred from a fire earlier in the year [6] Other Important Information - The company is concentrating efforts on commercial activities, which are growing quarter-over-quarter [5] Q&A Session Summary - There were no questions during the Q&A session [11]
Eltek .(ELTK) - 2022 Q3 - Quarterly Report
2022-11-15 16:00
Exhibit 99.1 Press Release Eltek Ltd. Reports 2022 Third Quarter Financial Results Petach Tikva, Israel (November 16, 2022) 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, 2022. Third Quarter 2022 Highlights ◾ Revenues were $10.3 million ◾ Operating profit was $1.1 million ◾ Profit before tax was $1.2 million. ◾ Net profit was $1.0 milli ...
Eltek .(ELTK) - 2022 Q2 - Earnings Call Transcript
2022-08-17 15:43
Eltek Ltd. (NASDAQ:ELTK) Q2 2022 Earnings Conference Call August 17, 2022 8:30 AM ET Company Participants Eli Yaffe - Chief Executive Officer Ron Freund - Vice President of Finance & Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. 2022 Second Quarter Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. Before I turn the call over to Mr. Eli Yaffe, Chief Executive O ...
Eltek .(ELTK) - 2022 Q2 - Quarterly Report
2022-08-16 16:00
Exhibit 99.1 Press Release Eltek Ltd. Reports 2022 Second Quarter Financial Results Petach Tikva, Israel (August 17, 2022) 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 June 30, 2022. Second Quarter 2022 Highlights ◾ Revenues were $9.1 million ◾ Operating profit was $0.3 million ◾ Profit before tax was $1.0 million. ◾ Net profit was $0.8 million or ...
Eltek .(ELTK) - 2022 Q1 - Earnings Call Transcript
2022-05-18 14:33
Eltek Ltd. (NASDAQ:ELTK) Q1 2022 Earnings Conference Call May 18, 2022 8:30 AM ET Company Participants Eli Yaffe - Chief Executive Officer Ron Freund - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd First Quarter 2022 Financial Results Conference Call. All participants are present in a listen-only mode. Following management's formal presentation, instructions will be given for the question-and-answer session. [Operator ...
Eltek .(ELTK) - 2021 Q4 - Earnings Call Transcript
2022-03-23 13:45
Eltek Ltd. (NASDAQ:ELTK) Q4 2021 Earnings Conference Call March 23, 2022 8:30 AM ET Company Participants Eli Yaffe - CEO Ron Freund - CFO Conference Call Participants Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide. Operator 00:06 Ladies and gentl ...
Eltek .(ELTK) - 2021 Q4 - Annual Report
2022-03-22 16:00
Exhibit 99.1 Press Release Eltek Reports Full Year and Fourth Quarter 2021 Financial Results • Revenues of $33.8 million in 2021 compared to $36.7 million in 2020. • Net profit of $5.0 million in 2021 compared to a net profit of $2.6 million in 2020. • Revenues of $9.5 million in the fourth quarter of 2021 compared to $9.5 million in the fourth quarter of 2020. • Net profit of $3.8 million in the fourth quarter of 2021 compared to net profit of $0.8 million in the fourth quarter of 2020. • Gross margin of 2 ...
Eltek .(ELTK) - 2021 Q4 - Annual Report
2022-03-22 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary Shares, NIS 3.00 Nominal Value ELTK NASDAQ Capital Market FORM 20-F For the fiscal year ended December 31, 2021 ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRAN ...