Camtek Ltd (CAMT) Tops Q1 EPS by 1c, Q2 Revenue Guidance Tops Views

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Camtek Announces First Quarter 2018 Results

May 2, 2018 6:10 AM EDT

 MIGDAL HAEMEK, Israel, May 2, 2018 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced its financial results for the quarter ended March 31, 2018.

Highlights of the first quarter 2018

Revenues were $27.3 million, up 29% year-over-year, ahead of the upper end of the previously-issued guidance range and highest ever semiconductor revenue; GAAP operating income was $3.6 million*, representing a 13.0% operating margin; non-GAAP operating income was $4.2 million, representing a 15.4% operating margin; and GAAP net income was $3.5 million*; non-GAAP net income was $4.2 million; up 182% and 211% year-over-year,... More