Camtek Announces Results for the Second Quarter of 2020

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Camtek (CAMT) PT Raised to $18 at Northland Capital Markets

August 5, 2020 1:13 PM EDT

Northland Capital Markets analyst Gus Richard raised the price target on Camtek (NASDAQ: CAMT) to $18.00 (from $15.00) while maintaining a Outperform rating.

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Camtek Ltd (CAMT) Tops Q2 EPS by 1c

August 5, 2020 6:23 AM EDT

Camtek Ltd (NASDAQ: CAMT) reported Q2 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $37 million versus the consensus estimate of $37 million.

Highlights of the Second Quarter 2020

Revenues were a quarterly record at $37.0 million, up 8% year-over-year;GAAP gross margin at 45.8%; Non-GAAP gross margin at 46.1%;GAAP operating income was $5.4 million... More