Eltek Soars: Exceptional Second Quarter 2025 Results Propel Growth

Eltek Ltd. (NASDAQ: ELTK), a global leader in the manufacture and supply of advanced Printed Circuit Boards (PCBs), has unveiled an impressive financial performance for its second quarter ended June 30, 2025. The results underscore a period of robust growth, strategic execution, and enhanced profitability, setting a strong precedent for the remainder of the fiscal year.The company reported a substantial increase in revenue, reaching an outstanding $10.5 million for Q2 2025.This marks a significant 31.25% leap compared to the $8.0 million reported in the same quarter of the previous year, highlighting vigorous market demand and Eltek's expanding market penetration.

This top-line growth was mirrored by an equally compelling surge in the bottom line.Net income for the second quarter of 2025 soared to $1.2 million, a remarkable increase from $0.5 million recorded in Q2 2024.This translates into a basic and diluted earnings per share of $0.23, up from $0.10 in the prior year period.

The substantial improvement in profitability is a testament to Eltek's operational efficiencies and disciplined cost management.Further bolstering the positive report, Eltek achieved a gross margin of 25.0% in Q2 2025, a notable expansion from 20.0% in Q2 2024.This improvement reflects favorable product mix, optimized production processes, and effective supply chain management, demonstrating the company's ability to drive greater value from its sales.“We are thrilled with our strong second quarter results, which reflect the dedication of our team and the effectiveness of our strategic initiatives,” commented Eli Yaffe, CEO of Eltek Ltd.“Our significant revenue growth, coupled with expanding gross margins and robust net income, showcases our ability to deliver consistent value to our shareholders.

We are seeing strong demand across our key sectors, and our advanced PCB solutions continue to be critical components for our diverse customer base.”Looking ahead, Eltek remains optimistic about its prospects.The company is committed to continuing its investment in innovation, enhancing production capabilities, and exploring new market opportunities to sustain this impressive growth trajectory.

With a solid financial foundation and a clear strategic vision, Eltek is well-positioned for continued success in the evolving technology landscape...