Israel's Eltek Q4 revenue rises 22% yr/yr

Eltek

09/03/2026 11:40

Overview

Israel-based PCB maker's Q4 revenue rose 22% yr/yr

Company faced operational challenges due to manufacturing transformations and currency fluctuations

Strategic investments aim to align with growing demand in defense and medical sectors

Outlook

Company aligns capital expenditures with growing demand in defense and medical sectors

Eltek invests in new plating lines to expand capacity and support complex products

Company sees sustained demand for advanced HDI and rigid-flex solutions

Result Drivers

MANUFACTURING TRANSFORMATION - Eltek faced operational challenges due to relocating production systems and upgrading machinery for new plating lines

CURRENCY IMPACT - Depreciation of U.S. dollar against Israeli shekel increased operating expenses by $2.2 mln

STRATEGIC INVESTMENTS - Investments in new plating lines and infrastructure aim to expand capacity and support demand in defense and medical sectors

Company press release: ID:nPn8Bs3MZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$13.24 mln
Q4 Net Income
-$310,000
Q4 EBITDA
$700,000
Q4 Gross Profit
$1.16 mln
Q4 Operating Income
$116,000
Q4 Pretax Profit
-$363,000


Analyst Coverage

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)