Camtek Ltd (CAMT) Tops Q1 EPS by 7c, Offers Guidance

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Camtek Reports First Quarter 2021 Results

April 28, 2021 6:30 AM EDT

MIGDAL HAEMEK, Israel, April 28, 2021 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the first quarter of 2021.

Highlights of the First Quarter of 2021

Revenues of $57.4 million; GAAP gross margin of 50.5%; non-GAAP gross margin of 50.7%; GAAP operating income of $14.4 million (25.1% of revenue); non-GAAP operating income of $15.6 million (27.2% of revenue); GAAP net income of $13.4 million and non-GAAP net income of $14.6 million; and Positive operating cash flow of $2.7... More