On Thursday 15th August 2024, Eltek (NASDAQ: ELTK) will be releasing its second quarter financial results. This much awaited announcement will be made before market open.
According to the predictions of financial experts on Wall Street, the company is set to unveil an estimated $0.25 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $11.9 million for the specific period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.22. This results was derived from the company's total revenue, which reached an impressive $11.04 million during same quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $50.56 million. Additionally, they expect the company to post profit of $1.09 per share for the fiscal year.
Eltek (ELTK) experienced a trading range of $11.13 to $11.32, along with a total volume of 12.80 thousand shares during the day. The stock concluded the regular trading session at $11.20, indicating fall of 0.36 percent.
