Camtek Ltd (CAMT) Tops Q3 EPS by 2c

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Go back to Camtek Ltd (CAMT) Tops Q3 EPS by 2c

Camtek Announces Record Results for the Third Quarter of 2018

October 31, 2018 8:10 AM EDT

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

Highlights of the Third Quarter 2018

Revenues were a record at $32.3 million, up 35% year-over-year and ahead of the upper-end of the previously issued guidance range of $31-32 million; GAAP gross margin was 50.2%; Non-GAAP gross margin was 50.4%; GAAP operating income was $5.6 million and non-GAAP operating income was $6.2 million, representing margins of 17.2% and 19.2%, respectively; GAAP net income... More