CSIMarket
 
Eltek Ltd   (ELTK)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Eltek Ltd recorded fourth quarter of 2022 operating profit of $2.971 millions


Published Mar 25 2023
CSIMarket Team / CSIMarket.com


Mikroprozessor_By_Elmar_Ersch_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonEltek Ltd s' profits deteriorated, in spite of Revenue advance in the fourth quarter of 2022 financial report, EPS dropped by -36.05 % to $0.55 per share, while Revenue increased considerably by 17.228 % to $39.65 millions, from the comparable reporting period a year before.

from the prior reporting period from $0.00 per share, from $0.00 millions.


Earnings of $3.194 millions in the financial interval ending December 31 2022 fell by -36.61 % from $5.039 millions in the corresponding period a year before. Eltek Ltd shifted it's focus on improving sales in the financial interval ending December 31 2022, as a result net margin eased to 8.06%.
Operating earnings, however, rose 52.44% to $2.971 millions. Observing deeper the financial numbers for the financial year 2022, ELTK reported Revenues of $39.65 millions and net profits of $3.19 millions.

Semiconductors company voiced also, that profits deteriorated by -36.05 % to $0.55 per share from $0.86 in the previous financial year , contributesRevenues improved by 17.23 % from $33.82 millions a year before.

Eltek Ltd is expected to report next financial earnings on March 22, 2024.



Eltek Ltd's ROI

Eltek Ltd's Capital Expenditures Growth



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com