Eltek Ltd. (ELTK) Q1 2025 Earnings Call Transcript

Eltek Ltd. (NASDAQ:ELTK) Q1 2025 Earnings Conference Call May 20, 2025 8:30 AM ET

Company Participants

Eli Yaffe – CEO
Ron Freund – CFO

Conference Call Participants

Ethan Etzioni – Etzioni Portfolio Management

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. 2025 First Quarter Financial Results Conference Call. All participants are at present in listen-only mode. Following management’s formal presentation, instructions will be given for the question-and-answer session. [Operator Instructions]. As a reminder, this conference is being recorded.

Before I turn the call over to Mr. Eli Yaffe, Chief Executive Officer, and Ron Freund, Chief Financial Officer, I’d like to remind you that they will be referring to forward-looking information in today’s presentation and in the Q&A. By its nature, this information contains forecasts, assumptions and expectations about future outcomes, which are subject to the risks and uncertainties outlined here and discussed more fully in Eltek’s public disclosure filings. These forward-looking statements are projections and reflect the current beliefs and expectations of the company. Actual events or results may differ materially.

We’ll also be referring to non-GAAP measures. Eltek undertakes no obligation to publicly release revisions to such forward-looking statements, to reflect events or circumstances occurring subsequent to this date.

I will now turn the call over to Mr. Eli Yaffe. Mr. Yaffe, please go ahead.

Eli Yaffe

Thank you. Good morning. Thank you for joining us for our 2025 first quarter earnings call. With me is Ron Freund, our Chief Financial Officer. We will begin by providing you with an overview of our business and summary of the principal factors that affected our results during Q1 2025. After our prepared remarks, we will be happy to answer any of your questions. By now, everyone should have access to our press release, which was released earlier today. The release will also be available on our