Eltek Reports Q1 Earnings Decline Amid Supply Chain and Currency Challenges
Eltek reported weaker first-quarter results for 2026 with revenue falling to $10.4 million from $12.8 million a year earlier, alongside a net loss of $2.9 million. Management attributed the decline to backlog timing, logistics issues, raw-material shortages, and currency pressure rather than weak demand.
Topics: currency_pressure net_loss revenue_decline supply_chain_disruptions