Camtek Ltd (CAMT) Misses Q1 EPS by 6c

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Camtek Announces First Quarter 2016 Results

May 5, 2016 7:10 AM EDT

MIGDAL HAEMEK, Israel, May 5, 2016 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced its financial results for the quarter ended March 31, 2016.

Highlights of the First Quarter 2016

Revenues of $24.5 million, up 12% year over year; Non-GAAP operating income of $0.5 million; GAAP operating income of $0.4 million; Non-GAAP net income of $0.2 million; GAAP net income of $0 million; Q2 revenue guidance of $25 to $27 million, representing 6% sequential growth at the midpoint;

Rafi Amit, Camtek's Chairman and CEO, commented, "We are... More