PETACH TIKVA, ISRAEL – Eltek reported $10.5 million in fourth quarter revenue, a 10.5% increase from the revenue of $9.5 million in the fourth quarter of 2021.

For the full year, the company saw revenue of $39.7 million, a 17.4% increase compared to the $33.8 million in revenue in 2021.

"We are pleased to announce strong growth in revenues and earnings for the year 2022. This was due to increased demand for our high-quality printed circuit boards. The growth in revenues is a testament to the hard work and dedication of our team, as well as the loyalty of our customers. We are excited to continue building upon this momentum in the coming year," said Eli Yaffe, CEO of Eltek.

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