Eltek ( (ELTK) ) has released its Q3 earnings. Here is a breakdown of the information Eltek presented to its investors.
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Eltek Ltd., a global leader in the manufacturing and supply of technologically advanced printed circuit boards (PCBs), is an Israeli company known for its high-quality and complex PCB solutions, catering primarily to the defense, aerospace, and medical industries across various regions including Israel, the United States, Europe, and Asia.
In its latest earnings report for the third quarter of 2025, Eltek Ltd. announced revenues of $13.3 million, a slight decrease from the $13.5 million reported in the same quarter of the previous year. The company experienced a net loss of $0.2 million, translating to a loss of $0.03 per fully diluted share, compared to a net income of $1.7 million in the third quarter of 2024.
Key financial metrics highlighted a gross profit of $1.6 million, significantly impacted by the depreciation of the U.S. dollar against the Israeli Shekel, which increased the reported dollar value of expenses. Despite the challenges, the company reported a 6% increase in revenues compared to the second quarter of 2025, driven by strong demand from defense customers and a recovery in the high-end industrial sector. Sales to the defense market accounted for approximately 63% of total quarterly revenues.
Looking forward, Eltek is in the final stages of preparing a new production hall for the installation of coating lines, a strategic move aimed at expanding its manufacturing infrastructure. This development is expected to support the company’s long-term growth objectives, reflecting management’s commitment to enhancing production capabilities and efficiency.