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Eltek Reports $5.3 Million Order and Provides Update on Q1 2026 Outlook
April 2, 2026 | PRNewswireEstimated reading time: Less than a minute
Eltek Ltd., a leading global manufacturer of high-quality printed circuit boards, announced that it has received purchase orders totaling approximately $5.3 million from an international customer. The orders are scheduled for delivery beginning in the second quarter of 2026, with the final shipment expected in September 2027.
"We are pleased with this award, which supports our strategic objective of expanding our presence in international markets with high value-added products. It also reflects a growing focus in the market on securing medium-term supply," said Eli Yaffe, Chief Executive Officer of Eltek.
Separately, the Company expects that its operating results for the first quarter of 2026 will be adversely affected due to a combination of a less favorable fulfillment of its order backlog and unexpected logistic issues, while the Company's backlog has approximately doubled compared to year-end 2025. The Company is actively addressing these factors and expects a gradual normalization of deliveries over time.
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