Camtek Ltd (CAMT) Reports In-Line Q2 EPS; Guides Q3 Revs Above the Street

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Go back to Camtek Ltd (CAMT) Reports In-Line Q2 EPS; Guides Q3 Revs Above the Street

Camtek Announces Record Results for the Second Quarter of 2018

July 31, 2018 7:00 AM EDT

MIGDAL HAEMEK, Israel, July 31, 2018 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT); (TASE: CAMT), today announced its financial results for the quarter ended June 30, 2018.

Highlights of the Second Quarter 2018

Revenues were a record at $30.5 million, up 34% year-over-year and ahead of the upper end of the previously-issued guidance range; Revenues for the first half of 2018 are up over 30% from 2017; GAAP operating income was $4.7 million and non-GAAP operating income was $5.0 million, representing a margins of 15.5% and 16.3%, respectively; and GAAP net income was $4.3 million and... More