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

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Camtek Announces Results for the Third Quarter of 2019

November 7, 2019 7:15 AM EST

MIGDAL HAEMEK, Israel, Nov. 7, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the quarter ended September 30, 2019.

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 non-GAAP net income of $5.0 million, or $0.13 per... More