Eltek Reports 2021 First Quarter Financial Results
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- Revenues of $7.2 million in the first quarter of 2021 compared to $9.2 million in the first quarter of 2020
- Gross profit of $1.1 million in the first quarter of 2021 compared to $1.8 million in the first quarter of 2020
- Net profit of $223,000 in the first quarter of 2021 compared to net profit of $541,000 in the first quarter of 2020
- Achieved positive cash flow provided by operating activities of $2.5 million during the first quarter of 2021
- Cash and cash equivalents as of March 31, 2021 were $6.4 million
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PETACH-TIKVA, Israel, May 20, 2021 /PRNewswire/ 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 March 31, 2021.
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