Eltek Ltd (NAS:ELTK)
$ 8.24 +0.43 (+5.51%) Market Cap: 55.38 Mil Enterprise Value: 56.79 Mil PE Ratio: 0 PB Ratio: 1.25 GF Score: 69/100

Q2 2026 Eltek Ltd Earnings Call Transcript

Aug 18, 2026 / 12:30 PM GMT
Release Date Price: $8.02 (-11.37%)

Key Points

Positve
  • Eltek Ltd (ELTK) reported a strong demand environment with a high level of backlog, providing solid visibility for future revenue.
  • Gross loss improved to $1 million in Q2 2026 from $1.8 million in Q1 2026, driven by higher revenue and improved average selling prices.
  • The company completed installation of its new PCB plating line and has begun initial trial production, with official customer qualification expected in Q3 2026.
  • Eltek Ltd (ELTK) successfully integrated approximately 15 foreign employees into its operations and is adding another 15 to strengthen its workforce and production capacity.
  • The company maintains a strong balance sheet with $11.5 million in cash and cash equivalents and no outstanding debt.
  • Eltek Ltd (ELTK) is making progress in adjusting pricing to reflect higher costs, with about one-third of its backlog now priced at current exchange rates, which should improve profitability.
Negative
  • Eltek Ltd (ELTK) reported a net loss of $2.7 million for Q2 2026, a significant decline from net income of $0.4 million in the same period last year.
  • Revenue decreased to $11.5 million in Q2 2026 from $12.5 million in Q2 2025, reflecting production inefficiencies and lower volume.
  • The company continues to face challenges in converting strong demand and backlog into production and shipments at desired levels.
  • Supply chain issues persist, particularly for fiberglass-based materials, with significant raw material price increases and allocation quotas impacting operations.
  • Approximately one-third of the company's backlog is priced at historical exchange rates, which will continue to weigh on profitability until those orders are fulfilled.
  • The second plating line is delayed and is now scheduled to arrive by the end of 2026, with contractual penalties incurred for the delay.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ELTK.OQ - Eltek Ltd
Q2 2026 Eltek Ltd Earnings Call
Aug 18, 2026 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Gentlemen, thank you for standing Ltech Ltd 2020 Second Quarter Financial Results conference call. All participants are present in a listen-only mode following management formal presentation instructions will be given for the question-and-answer session. For operator assistance during the conference, please press *0.

As a reminder, this conference is being recorded.

Before I turn the call over to Mr. Eliaffe, Chief Executive Officer, and Ron Fraud, Chief Financial Officer, I'd like to remind you that they will be referring to forward-looking information in today's presentation and in the QNA. By its nature, disinformation contains forecast assumptions and expectations about future outcomes, which are subject to the risk and uncertainties
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