Camtek(CAMT)
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Camtek (CAMT) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-12 13:45
Core Insights - Camtek (CAMT) reported quarterly earnings of $0.75 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and up from $0.51 per share a year ago [1][2] - The company achieved revenues of $112.34 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.25% and increasing from $80.47 million year-over-year [3] Earnings Performance - The earnings surprise for the quarter was 7.14%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - Camtek's shares have increased approximately 13.4% since the beginning of the year, while the S&P 500 has gained 25.8% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $112.55 million, and for the current fiscal year, it is $2.71 on revenues of $420.95 million [8] - The estimate revisions trend for Camtek is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - Camtek operates within the Zacks Electronics - Measuring Instruments industry, which is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable industry outlook [9]
CAMTEK ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2024
Prnewswire· 2024-11-12 11:30
Record revenues of $112 million; Q4 revenue guidance of ~$115 million, up 30% YoY, primarily driven by High Performance Computing applications MIGDAL HAEMEK, Israel, Nov. 12, 2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the third quarter, ended September 30, 2024. Highlights of the third quarter of 2024 Record revenues of $112.3 million, a 40% year-over-year (YoY) increase; GAAP operating income of $29.6 million (up 56% YoY) and non-GAAP operating i ...
CAMT Set to Report Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2024-11-11 16:50
Camtek (CAMT) is scheduled to report third-quarter 2024 results before market open on Nov. 12. CAMT projects third-quarter revenues in the band of $107-$110 million. The Zacks Consensus Estimate for the top line is pegged at $108.8 million, indicating a year-over-year improvement of 35.2%. The consensus mark for earnings is pegged at 70 cents per share, unchanged over the past 60 days. This figure indicates an increase of 37.3% from the year-ago quarter's reported figure. CAMT's earnings beat the Zacks Cons ...
Camtek (CAMT) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-11-05 00:01
The most recent trading session ended with Camtek (CAMT) standing at $74.35, reflecting a +0.19% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 0.61%, and the technology-dominated Nasdaq saw a decrease of 0.33%. The the stock of maker of automatic optical inspection and process enhancement systems has fallen by 7.57% in the past month, lagging the Computer and Technology sector's gain of 2.1% and the S&P 500's ga ...
Camtek Receives Initial Orders totaling $20 Million for its Newly Launched Product - The Eagle G5
Prnewswire· 2024-11-04 13:30
The new system was introduced in September 2024 at Semicon Taiwan MIGDAL HAEMEK, Israel, Nov. 4, 2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that it has received orders from multiple customers totaling $20 million for its newly launched product, the Eagle G5, which was introduced at Semicon Taiwan in September 2024. The orders will be used primarily for 2D inspection of Advanced Packaging Fan-out applications. This state-of-the-art system is based on the Eagle family and ma ...
CAMTEK TO REPORT THIRD QUARTER 2024 FINANCIAL RESULTS ON TUESDAY, NOVEMBER 12, 2024
Prnewswire· 2024-10-30 11:00
MIGDAL HA'EMEK, Israel, Oct. 30, 2024 /PRNewswire/ -- Camtek Ltd. (Nasdaq: CAMT) (TASE: CAMT) announced that it would be releasing its financial results for the third quarter 2024 on Tuesday, November 12, 2024. The Company will host a video conference call later that same day via Zoom, starting at 9:00 am ET. Rafi Amit, Chief Executive Officer, Moshe Eisenberg, Chief Financial Officer and Ramy Langer, Chief Operating Officer will host the call and will be available to answer questions after presenting the r ...
Camtek (CAMT) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-10-25 23:06
In the latest market close, Camtek (CAMT) reached $77.66, with a +0.09% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.03% for the day. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq gained 0.56%. The maker of automatic optical inspection and process enhancement systems's stock has dropped by 9.67% in the past month, falling short of the Computer and Technology sector's gain of 1.65% and the S&P 500's gain of 1.39%. Investors will be eage ...
Camtek (CAMT) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-10-22 23:21
The most recent trading session ended with Camtek (CAMT) standing at $80.60, reflecting a -1.83% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily loss of 0.05%. At the same time, the Dow lost 0.02%, and the tech-heavy Nasdaq gained 0.18%. Heading into today, shares of the maker of automatic optical inspection and process enhancement systems had gained 10.42% over the past month, outpacing the Computer and Technology sector's gain of 3.5% and the S&P 500' ...
CAMT Stock Plunges 25.7% in 3 Months: What Should Investors Do?
ZACKS· 2024-10-17 16:31
Camtek (CAMT) , a manufacturer of inspection and metrology equipment for the semiconductor industry, has lost 25.7% in the past three months, underperforming the Zacks Computer and Technology sector, the Zacks Electronics - Measuring Instruments industry and the S&P 500 index's return of 1.1%, 1.7% and 3.6%, respectively. Camtek's underperformance can be primarily attributed to the growing geopolitical tension, particularly in the Middle East, which has made investors increasingly cautious about its near-te ...
Camtek (CAMT) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-10-16 23:21
The most recent trading session ended with Camtek (CAMT) standing at $81.62, reflecting a -1.29% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.79%, while the tech-heavy Nasdaq added 0.28%. Coming into today, shares of the maker of automatic optical inspection and process enhancement systems had gained 10.41% in the past month. In that same time, the Computer and Technology sector gained 3.88%, while the S&P 5 ...