Camtek Ltd (CAMT) Reports In-Line Q3 EPS

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Go back to Camtek Ltd (CAMT) Reports In-Line Q3 EPS

Camtek Announces Third Quarter 2016 Results

November 7, 2016 7:10 AM EST

MIGDAL HAEMEK, Israel, Nov. 7, 2016  /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced its financial results for the quarter ended September 30, 2016.

Highlights of the Third Quarter 2016

Revenues of $28.5 million, 4% sequential increase; GAAP operating income of $1.7 million, representing 5.8% operating margins; Non-GAAP operating income of $2.7 million, representing 9.5% operating margins; GAAP operating profit includes a one-time net expense of $0.9 million due the reorganization of the FIT activity; GAAP net income of $1.1 million; Non-GAAP net income of $2.1 million; Expecting continued growth driven by semiconductor advance packaging... More