Camtek Announces Results for the Third Quarter of 2019

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Go back to Camtek Announces Results for the Third Quarter of 2019

Camtek Ltd (CAMT) Misses Q3 EPS by 1c, Revenues Beat

November 7, 2019 7:45 AM EST

Camtek Ltd (NASDAQ: CAMT) reported Q3 EPS of $0.13, $0.01 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $32.5 million versus the consensus estimate of $32 million.

Highlights of the Third Quarter 2019

Revenues were at $32.5 million;GAAP gross margin at 46.9%; Non-GAAP gross margin at 47.1%;GAAP operating income was $4.4 million and non-GAAP operating income was $5.3 million, representing margins of 13.5% and 16.2%, respectively;GAAP net income of $4.2 million, or $0.11 per diluted share, and... More