Recap: Camtek Q3 Earnings

Shares of Camtek CAMT rose 0.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 38.46% over the past year to $0.18, which were in line with the estimate of $0.18.

Revenue of $40,061,000 rose by 23.38% year over year, which beat the estimate of $38,670,000.

Guidance

Q4 revenue expected to be between $42,000,000 and $44,000,000.

How To Listen To The Conference Call

Date: Oct 27, 2020

Time: 09:00 AM

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

Technicals

Company's 52-week high was at $19.65

Company's 52-week low was at $6.26

Price action over last quarter: Up 18.58%

Company Profile

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.