Camtek Announces First Quarter 2020 Results

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Camtek (CAMT) PT Lowered to $15 at Northland Capital Markets

May 11, 2020 1:11 PM EDT

Northland Capital Markets analyst Gus Richard lowered the price target on Camtek (NASDAQ: CAMT) to $15.00 (from $17.00) while maintaining a Outperform rating.

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Camtek Ltd (CAMT) Misses Q1 EPS by 4c, Slight Beat on Revenues; Offers 2Q Revenue Guidance Above Consensus

May 11, 2020 6:51 AM EDT

Camtek Ltd (NASDAQ: CAMT) reported Q1 EPS of $0.07, $0.04 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $30.2 million versus the consensus estimate of $30.03 million.

Highlights of the First Quarter of 2020

Revenues of $30.2 million; - Shipments to customers amounted to approximately $33 million, however, about $3 million of this was not recognized due to the Coronavirus related delays in installations and in accordance with... More