Camtek Ltd (CAMT) Tops Q2 EPS by 1c

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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