Camtek Stock Price, News & Analysis

Camtek Ltd. (NASDAQ: CAMT) reported a record revenue of $77.2 million for Q1 2022, marking a 35% increase year-over-year. The company achieved a GAAP operating income of $19.5 million and a non-GAAP operating income of $22.2 million, reflecting operating margins of 25.3% and 28.8% respectively. GAAP net income was $18.4 million, with non-GAAP net income at $21.0 million. Since the start of 2022, Camtek has secured $150 million in orders, indicating strong demand.

Camtek Ltd. (NASDAQ: CAMT) announced its preliminary first quarter 2022 revenue of approximately $77 million, exceeding expectations. Despite global challenges, the company secured over $110 million in orders, mainly for advanced interconnect packaging applications. CEO Rafi Amit expressed satisfaction with the strong order momentum, anticipating year-over-year revenue growth in the mid to high teens. Camtek will release complete financial results on May 12 and host a conference call the same day.

Camtek Ltd. (NASDAQ: CAMT) reported record revenues of $74.2 million for Q4 2021, marking a 53% year-over-year increase. The company achieved a GAAP operating income of $19.3 million and a non-GAAP operating income of $20.9 million, yielding operating margins of 26.0% and 28.2% respectively. For the full year 2021, revenue reached $269.7 million, a 73% increase. The GAAP net income stood at $60.3 million, with total cash deposits of $430 million by year-end.

Camtek Ltd. (NASDAQ: CAMT) announced orders worth approximately $20M from two leading tier-1 IDMs, primarily for inspection and 3D metrology in advanced interconnect packaging applications. CEO Rafi Amit expressed optimism regarding these orders, emphasizing their significance in the growing Advanced Interconnect Packaging market, which supports high-performance computing (HPC) technologies. This development highlights Camtek's expertise in meeting customer demands in the semiconductor industry.

Camtek Ltd. (Nasdaq: CAMT) has announced the release of its Fourth Quarter and Full Year 2021 financial results on February 10, 2022. A video conference call will occur at 9:00 AM ET on the same day, hosted by CEO Rafi Amit and CFO Moshe Eisenberg, among others. The call will allow for Q&A following the presentation of the results. Those interested in participating can register via a provided link. Camtek specializes in high-end equipment for semiconductor inspection and metrology, catering to leading global manufacturers.

Camtek Ltd. (Nasdaq: CAMT) has announced the pricing of an upsized private offering of $175 million in 0% Convertible Senior Notes due 2026. This offering, previously set at $140 million, allows initial purchasers an option to acquire an additional $25 million. The Notes, maturing on December 1, 2026, will be convertible at a rate of 17.1092 shares per $1,000 principal, representing a conversion price of $58.45 per share. Expected net proceeds of approximately $170.1 million will support general corporate purposes, including potential acquisitions and R&D.

Camtek Ltd. (NASDAQ: CAMT) announced a proposed private offering of $140 million in Convertible Senior Notes due 2026. The offering is aimed at qualified institutional buyers under Rule 144A of the Securities Act. An additional $20 million may be available for purchase by initial purchasers. The Notes will be senior, unsecured obligations, convertible into cash or ordinary shares. Proceeds will be used for general corporate purposes, including acquisitions and R&D. The final terms will be set at pricing, and the offering is contingent on market conditions.

Camtek Ltd. (NASDAQ: CAMT) announced impressive financial results for Q3 2021, showcasing a 76% year-over-year revenue increase to $70.7 million. The company recorded a GAAP gross margin of 50.6% and a non-GAAP gross margin of 50.9%. Operating income reached $20.1 million (28.5% of revenue) on a GAAP basis, while non-GAAP operating income was $21.7 million (30.6% of revenue). Additionally, GAAP net income stood at $18.5 million or $0.41 per diluted share, and non-GAAP net income was $20 million or $0.45 per diluted share. The company also reported strong operating cash flow of $16.5 million.

Camtek Ltd. (Nasdaq: CAMT; TASE: CAMT) announced the release of its third quarter 2021 financial results on October 27, 2021. A video conference call will follow on the same day at 9:00 am ET, led by CEO Rafi Amit, CFO Moshe Eisenberg, and COO Ramy Langer, who will also answer questions post-presentation. Investors can join via a link on the company's website, with a replay available 24 hours later. Camtek develops high-end inspection and metrology equipment for the semiconductor industry, offering systems for various market segments globally.