Camtek: Q2 Earnings Insights

Shares of Camtek CAMT rose 1.9% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 11.11% over the past year to $0.16, which beat the estimate of $0.15.

Revenue of $37,000,000 higher by 7.73% year over year, which were in line with the estimate of $37,000,000.

Guidance

Q3 revenue expected between $38,000,000 and $39,000,000.

How To Listen To The Conference Call

Date: Aug 05, 2020

Time: 09:00 AM

ET Webcast URL: https://www.camtek.com/news-and-events/news/q2results_scheduling

Technicals

52-week high: $15.97

52-week low: $6.26

Price action over last quarter: Up 38.04%

Company Description

Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and a provider of software solutions serving Advanced Packaging, Memory, (complementary metal oxide semiconductor) CMOS Image Sensors, (micro-electro mechanical systems) MEMS, RF and other. Geographically, it derives maximum revenue from the Asia Pacific followed by the United States and Europe. The company products and services include Surface Inspection, Bump Inspection and Metrology and others. Geographically, it derives a majority of revenue from the Asia Pacific region.

Posted In: EarningsNews