Camtek Ltd (CAMT) Tops Q1 EPS by 1c

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Go back to Camtek Ltd (CAMT) Tops Q1 EPS by 1c

Camtek Announces Record Results for the First Quarter of 2019

May 6, 2019 6:40 AM EDT

MIGDAL HAEMEK, Israel , May 6, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the quarter ended March 31, 2019.

Highlights of the First Quarter 2019

Revenues were a record at $34.0 million, up 25% year-over-year; GAAP Gross margin at 50.5% versus 47.7% in Q1 last year; Non-GAAP gross margin at 50.6% versus 48.5% GAAP operating income was $6.7 million and non-GAAP operating income was $7.3 million, representing margins of 19.6% and 21.5%, respectively; GAAP net income of $6.0 million or $0.16 per diluted share and... More