Camtek (CAMT) PT Raised to $16 at Northland Capital Markets

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Camtek Announces Record Results for the Fourth Quarter and Full Year 2018

February 13, 2019 6:10 AM EST

MIGDAL HAEMEK, Israel, Feb. 13, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the quarter and year ended December 31, 2018.

Highlights of the Fourth Quarter of 2018

Revenues of $33.2 million, up 28% year-over-year and ahead of the upper-end of the guidance range of $32-33 million; GAAP operating income of $6.2 million; non-GAAP operating income of $6.9 million, representing an operating margin of 18.7% and 20.7% respectively; GAAP net income of $5.8 million and non-GAAP net income of $6.4 million, representing... More