Eltek Q2 EPS $(0.41) Down From $0.05 YoY, Sales $11.534M Down From $12.529M YoY
Eltek (NASDAQ:ELTK) reported quarterly losses of $(0.41) per share. This is a 920 percent decrease over earnings of $0.05 per share from the same period last year. The company reported $11.534 million in sales this
Eltek made less money this quarter than last year—both its sales went down and it lost money instead of making a small profit. When a company's earnings get worse like this, it's worth watching to see if they explain what went wrong and whether things might improve.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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