Eltek Ltd. reported a net loss of $2.9 million for Q1 2026, down from a $1.0 million profit in Q1 2025, due to delayed order backlog execution, logistical challenges, and a sharp depreciation of the U.S. dollar against the Israeli shekel which increased expenses. Revenues fell to $10.4 million from $12.8 million a year earlier. Despite these setbacks, the company highlighted strong demand reflected in a growing order backlog and expects gradual improvement in logistics and revenue conversion in upcoming quarters. Cash reserves stood at $11.1 million with no debt, supporting financial stability.
Home Depot reported a 4.8% increase in first-quarter fiscal 2026 sales to $41.77 billion, beating analyst estimates. However, net earnings fell 4.2% to $3.29 billion, with adjusted EPS slightly above expectations at $3.43. The company cited a weak ho...
Match2 has joined the Phenom Marketplace, integrating its Universal Candidate Profile™, Direct Talent Network™, and Talent Connector™ with Phenom-powered career sites. This partnership enables candidates to maintain a single, portable profile across ...
HR Tech 2026, scheduled for October 20-22 in Las Vegas, will feature Pitchfest with up to $40,000 in cash prizes for innovative HR startups and the HR Icons awards recognizing excellence in large company HR teams. Pitchfest invites startups to compet...
Orion Energy Systems announced preliminary FY26 revenue of $86 million and adjusted EBITDA of approximately $2 million, driven by growth in backlog and enterprise orders. The company expects FY27 revenue between $95 million and $97 million with posit...
Aquanta Vision secured pre-seed funding from investors including EIC Rose Rock and Chevron Technology Ventures to advance its optical gas imaging (OGI) software that automates methane leak detection during inspections. This technology improves detect...
