Camtek Stock Price, News & Analysis

Camtek Ltd. (Nasdaq: CAMT) has announced the release of its financial results for the first quarter of 2023, scheduled for May 10, 2023. A Zoom conference call will follow at 9:00 am ET, featuring key executives including CEO Rafi Amit and CFO Moshe Eisenberg. The call will provide an opportunity for investors to engage and ask questions post-results presentation.

Participants can register for the call through a provided link, and a replay will be available on Camtek's website 24 hours after the event. Camtek specializes in metrology and inspection equipment solutions for segments within the semiconductor industry, focusing on yield enhancement and cost reduction for manufacturers.

Camtek Ltd. reported strong financial performance for Q4 and full year 2022, achieving record annual revenues of $321 million, a 19% year-over-year growth. Q4 revenues reached $82.2 million, reflecting an 11% increase. The company reported a GAAP operating income of $20.5 million and a non-GAAP operating income of $22.8 million, with operating margins of 24.9% and 27.8%, respectively. GAAP net income for the quarter was $21.7 million, and non-GAAP net income was $24.0 million. Annual operating cash flow was $57.8 million, resulting in a total cash balance of $479 million at year-end.

Camtek Ltd. (NASDAQ: CAMT) announced the release of its financial results for Q4 and the full year of 2022, scheduled for February 16, 2023. A video conference call will follow at 9:00 am ET, featuring CEO Rafi Amit, CFO Moshe Eisenberg, and COO Ramy Langer, who will present the results and answer questions. Registration for the call is required and can be done via a provided link. The release will also be accessible for replay on Camtek's website 24 hours after the call. As a leader in metrology and inspection equipment in the semiconductor industry, Camtek aims to enhance yield and reduce costs for manufacturers.

Camtek Ltd. (NASDAQ: CAMT) has secured an $18 million order from a prominent global compound semiconductors manufacturer, highlighting its leading position in the market. The order includes multiple Eagle systems, which feature advanced inspection technologies tailored for the compound semiconductor industry. Deliveries are scheduled from the second quarter of 2023 to early 2024. CEO Rafi Amit expressed optimism about the compound semiconductors market's growth, driven by automotive applications and more. This significant order underscores Camtek's technology leadership in a rapidly expanding segment.

Camtek Ltd. (NASDAQ: CAMT) reported record quarterly revenue of $82.0 million for Q3 2022, a 16% year-over-year increase. The company achieved a GAAP operating income of $20.6 million and a non-GAAP operating income of $23.2 million, equating to operating margins of 25.2% and 28.3% respectively. Net income was reported at $20.7 million (GAAP) and $23.3 million (non-GAAP), with strong operating cash flow of $25.3 million. Camtek anticipates record annual revenue of approximately $320 million for 2022.