Camtek Ltd (CAMT) Tops Q4 EPS by 5c

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Needham & Company Reiterates Buy on Camtek Ltd (CAMT) as Tax Benefits Drive Strong 4Q Results

February 11, 2016 1:53 PM EST

Needham & Company maintained a Buy rating on Camtek (NASDAQ: CAMT), and cut the price target to $3.00 (from $4.00), following the company's 4Q earnings report. Revenue of $25.8MM is seasonally down 2% QoQ, but inline with consensus of $25.7MM. EPS was $0.08, but excluding the one time tax... More