Camtek Ltd (CAMT) Reports In-Line Q3 EPS, Revenues Beat

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Go back to Camtek Ltd (CAMT) Reports In-Line Q3 EPS, Revenues Beat

Camtek Announces Results For The Third Quarter Of 2020

October 27, 2020 7:15 AM EDT

MIGDAL HAEMEK, Israel, Oct. 27, 2020 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the quarter ended September 30, 2020.

Highlights of the Third Quarter 2020

Revenues were a quarterly record at $40.1 million, up 23% year-over-year; GAAP gross margin at 48.5%; Non-GAAP gross margin at 48.8%; GAAP operating income was $6.3 million and non-GAAP operating income was $7.6 million, representing margins of 15.8% and 19.0%, respectively; GAAP net income of $6.0 million, or $0.15 per diluted share, non-GAAP net income of $7.3 million, or... More