Camtek Ltd (CAMT) Tops Q2 EPS by 1c

Go back to Camtek Ltd (CAMT) Tops Q2 EPS by 1c

Camtek Announces Results for the Second Quarter of 2020

August 5, 2020 6:00 AM EDT

MIGDAL HAEMEK, Israel , Aug. 5, 2020  /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the quarter ended June 30, 2020.

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 and non-GAAP operating income was $6.4 million, representing margins of 14.6% and 17.2%, respectively; GAAP net income of $5.3 million, or $0.13 per diluted share, non-GAAP net income of $6.3 million,... More