Market Performance - The Tel Aviv Stock Exchange experienced a decline, with the Tel Aviv 35 Index falling by 1.15% to 3,320.72 points, and the Tel Aviv 125 Index decreasing by 1.20% to 3,359.47 points. The BlueTech Global Index also dropped by 1.36% to 574.59 points [1] - The All Bond corporate bond index saw a slight increase of 0.09% to 419.78 points. Total turnover in equities was NIS 1.54 billion, while bond turnover reached NIS 1.97 billion [1] Currency Exchange Rates - The shekel-dollar exchange rate was set 0.644% higher at NIS 3.28/$, and the shekel-euro rate increased by 0.834% to NIS 3.784/€ [2] Notable Stock Movements - Nice (Nasdaq: NICE; TASE: NICE) recorded the largest gain on the Tel Aviv 35 Index, rising by 4.60%. Other banks such as Bank Hapoalim (TASE: POLI), Mizrahi Tefahot Bank, Israel Discount Bank (TASE: DSCT), and First International Bank of Israel (TASE: FTIN1; FTIN5) also saw modest increases [2] - Conversely, Bank Leumi (TASE: LUMI) led the market decline with a drop of 0.51%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) experienced the largest fall on the Tel Aviv 35 Index, decreasing by 8.37%. Other notable declines included Camtek (Nasdaq: CAMT; TASE: CAMT) down 5.22%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) down 1.53%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) down 3.40%, and Delek Group (TASE: DELKG) down 4.32% [3]

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Market Performance - The Tel Aviv Stock Exchange saw a rise today, with the Tel Aviv 35 Index increasing by 0.38% to a record 3,447.17 points and the Tel Aviv 125 Index rising by 0.41% to 3,505.73 points [1] - The All Bond corporate bond index rose by 0.04% to 419.53 points, while the BlueTech Global Index fell by 0.92% to 597.63 points [1] - Total turnover in equities reached NIS 1.42 billion and NIS 2.40 billion in bonds [1] Currency Exchange Rates - The shekel-dollar rate was set 0.81% higher at NIS 3.235/$, and the shekel-euro rate was set 0.926% higher at NIS 3.761/€ [2] Notable Stock Movements - Nice (Nasdaq: NICE; TASE:NICE) experienced the largest increase on the Tel Aviv 35 Index, rising by 5.61% [2] - Other notable gainers included Navitas Petroleum LP (TASE: NVPT) with a rise of 5.04% and Clal Insurance Enterprise Holdings (TASE: CLIS) increasing by 3.31% [2] - Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose by 0.50% [2] Banking Sector Performance - Bank Hapoalim (TASE: POLI) led the market with a rise of 1.59% and the highest trading turnover [3] - Other banks also saw gains, with Bank Leumi (TASE: LUMI) rising by 1.27%, Mizrahi Tefahot Bank increasing by 1.55%, and Israel Discount Bank (TASE: DSCT) rising by 2.19% [3] Declining Stocks - Camtek (Nasdaq: CAMT; TASE: CAMT) had the largest decline on the Tel Aviv 35 Index, falling by 4.73% [3] - Other notable decliners included Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) down by 4.08%, Nova Ltd. (Nasdaq: NVMI; TASE: NVMI) down by 3.89%, and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) down by 2.47% [3]

Financial Data and Key Metrics Changes - Camtek reported record revenues of $126 million for Q3, reflecting over 12% growth year-over-year [4][11] - Gross margin was maintained at 51.5%, contributing to a record operating income of over $37.6 million [4][12] - Net income for Q3 was $40.9 million, or $0.82 per diluted share, compared to $30 million, or $0.75 per share in the same quarter last year [12][13] - Cash and cash equivalents increased to $794 million from $543.9 million at the end of the previous quarter [14] Business Line Data and Key Metrics Changes - High-performance computing applications contributed approximately 45% of total revenue, while advanced packaging applications accounted for about 25% [4] - The new products, Eagle G5 and OAK, are expected to contribute approximately 30% of revenue in 2025 [7] Market Data and Key Metrics Changes - Geographic revenue split for the quarter showed Asia accounting for 93% of total revenue, with the rest of the world at 7% [11] - The HBM market is expected to double in the next three years, indicating strong growth potential [9][25] Company Strategy and Development Direction - Camtek is focused on enhancing technological capabilities and maintaining a competitive edge in advanced semiconductor manufacturing equipment [6][10] - The company plans to explore inorganic growth opportunities, with a dedicated team mapping potential M&A targets [41][43] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in 2026 being a growth year, with expectations for a stronger second half compared to the first half [19][25] - The company anticipates a natural time lag between investment announcements and actual equipment purchases, impacting the first half of 2026 [9][19] Other Important Information - The company successfully completed a $500 million convertible notes offering, enhancing its financial flexibility [4][14] - Inventory levels decreased to $142 million, indicating improved planning efficiencies [15] Q&A Session Summary Question: Timing lag between DRAM front-end equipment investment and packaging - Management indicated a comfort level for the second half of 2026 based on customer discussions and order pipelines, but noted difficulty in predicting the first half [18][19] Question: R&D expense outlook - Management confirmed that R&D expenses will continue to increase as an investment for future growth, with no major decline expected [20][22] Question: Strength in China and future expectations - Management expressed confidence in continued investments in China, particularly in the OSAT segment, and expects a healthy market in 2026 [24] Question: HBM and CoWoS dynamics - Management stated that the HPC business remains strong, with no significant changes expected in the contribution from CoWoS and HBM [57] Question: Hybrid bonding opportunities - Management sees hybrid bonding as a moderate revenue opportunity for 2026, with higher volumes expected in 2027 [77] Question: Competitive environment and market share - Management asserted that they have not lost market share and expect to gain more with new technologies and capabilities [69][70]

Core Insights - Camtek (CAMT) reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.80 per share, and up from $0.75 per share a year ago [1][2] - The company achieved revenues of $125.99 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.75% and increasing from $112.34 million year-over-year [3] - Camtek's stock has increased approximately 47.5% since the beginning of the year, significantly outperforming the S&P 500's gain of 14.4% [4] Earnings Performance - The earnings surprise for the recent quarter was +2.50%, and the company has surpassed consensus EPS estimates three times over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.81, with expected revenues of $126.25 million, and for the current fiscal year, the estimate is $3.18 on revenues of $493.28 million [8] Industry Context - Camtek operates within the Zacks Electronics - Measuring Instruments industry, which is currently ranked in the top 38% of over 250 Zacks industries [9] - The industry has shown strong performance, with the top 50% of Zacks-ranked industries outperforming the bottom 50% by a factor of more than 2 to 1 [9] Future Outlook - The company's near-term stock movements will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [4][5] - The current Zacks Rank for Camtek is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [7]

Core Insights - Camtek reported adjusted earnings of 82 cents per share on sales of $126 million for the September quarter, surpassing analyst expectations of 80 cents per share on $125.1 million in sales, marking a year-over-year earnings increase of 9% and a sales rise of 12% [2][3] - For the current quarter, Camtek forecasts revenue of $127 million, aligning with analyst estimates, and reflects a growth from $117.3 million in the same quarter last year [2][4] - The company attributes its record performance to the increasing demand for high-performance computing for AI applications, with expectations for continued annual growth into 2026 due to industry-wide investments in data centers and AI [3][4] Stock Performance - Following the earnings report, Camtek's stock fell over 8% in premarket trading to $108.95 [4] - The stock had previously broken out of a cup base at a buy point of 101.73 on September 22 [5] - Camtek is recognized on multiple IBD lists, including IBD 50, Global Leaders, and Tech Leaders, indicating strong market positioning [5] Industry Context - The semiconductor industry is experiencing heightened demand driven by advancements in AI and data center investments, which are expected to sustain growth for companies like Camtek [3][4] - Camtek specializes in high-end inspection and metrology equipment for the semiconductor industry, focusing on integrated circuit inspection and measurement throughout the production process [5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the Month of November 2025 CAMTEK LTD. (Translation of Registrant's Name into English) Ramat Gavriel Industrial Zone P.O. Box 544 Migdal Haemek 23150 ISRAEL (Address of Principal Corporate Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. F ...

Core Viewpoint - Camtek Ltd. is expected to report strong financial performance in Q4 2025, with projected revenues of approximately $127 million, contributing to a record annual revenue of $495 million, reflecting a 15% growth compared to 2024 [3][4]. Financial Highlights - Q3 2025 revenues reached $126 million, marking a 12% increase from $112.3 million in Q3 2024 [5][8]. - Gross profit on a GAAP basis for Q3 2025 was $63 million, representing 50% of revenues, up from $55.9 million (49.7% of revenues) in Q3 2024 [5][8]. - Non-GAAP gross profit for Q3 2025 was $64.9 million (51.5% of revenues), a 14% increase from $57.1 million (50.8% of revenues) in Q3 2024 [6][8]. - GAAP operating income for Q3 2025 was $31.9 million (25.3% of revenues), an increase of 7% from $29.6 million (26.4% of revenues) in Q3 2024 [6][8]. - Non-GAAP operating income for Q3 2025 was $37.6 million (29.9% of revenues), a 10% increase from $34.2 million (30.4% of revenues) in Q3 2024 [7][8]. Capital and Cash Flow - The company raised $500 million through a private offering of 0% coupon convertible senior notes, using part of the proceeds to repurchase prior notes [7][9]. - Operating cash flow generated during Q3 2025 was over $34 million, with cash and cash equivalents totaling $794 million as of September 30, 2025, compared to $543.9 million as of June 30, 2025 [9][9]. Market Position and Future Outlook - CEO Rafi Amit highlighted the ongoing demand for high-performance computing for AI applications as a key driver of growth, with expectations for continued annual growth into 2026 [4][4]. - The company is well-positioned to capitalize on significant investments in AI and data centers, anticipating a more weighted revenue distribution in the second half of 2026 [4][4].

Core Points - Camtek Ltd. will release its financial results for Q3 2025 on November 10, 2025 [1] - A video conference call will be hosted by the CEO, CFO, and COO on the same day at 9:00 am ET [2] - The call will be available for replay shortly after it concludes [3] Company Overview - Camtek Ltd. develops and manufactures high-end inspection and metrology equipment for the semiconductor industry [4] - The company's systems inspect integrated circuits (IC) and measure IC features on wafers throughout the semiconductor production process [4] - Camtek serves demanding market segments including Advanced Interconnect Packaging, Heterogeneous Integration, Memory and HBM, CMOS Image Sensors, Compound Semiconductors, MEMS, and RF [4] - The company has manufacturing facilities in Israel and Germany, along with eight offices worldwide [5]

Core Insights - The article discusses the importance of conducting thorough due diligence before making any financial decisions, emphasizing that the information provided is for educational and research purposes only [1] Group 1 - The content includes general news, personal analysis, and opinions intended for educational purposes [1] - It highlights that the information is not a recommendation or advice for any financial actions [1] - The article warns that the information may not be accurate or provided in real-time, and prices may come from market makers rather than exchanges [1] Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1] - It encourages readers to perform their own research before making investment decisions [1] - The article states that the company does not endorse any third-party services and is not liable for any losses incurred from using the information provided [1]