Accessibility StatementSkip Navigation MIGDAL HAEMEK, Israel, Sept. 11, 2025 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) announced today its intention to offer, subject to market conditions and other factors, $400 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the "Notes") in a proposed private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Secur ...

Core Insights - ASE Technology Holding Co., Ltd. reported unaudited net revenues of NT$150,750 million for 2Q25, representing a year-over-year increase of 7.5% and a sequential increase of 1.8% [1] - Net income attributable to shareholders for the quarter was NT$7,521 million, down from NT$7,778 million in 2Q24 and NT$7,554 million in 1Q25 [1] - Basic earnings per share for 2Q25 were NT$1.74 (US$0.111 per ADS), compared to NT$1.80 for 2Q24 and NT$1.75 for 1Q25 [1] Financial Performance - Net revenues from packaging operations, testing operations, EMS operations, and others accounted for approximately 49%, 11%, 39%, and 1% of total net revenues, respectively [6] - Cost of revenues for the quarter was NT$125,063 million, an increase from NT$123,260 million in 1Q25 [6] - Gross margin increased by 0.2 percentage points to 17.0% in 2Q25 from 16.8% in 1Q25 [6] - Operating margin was 6.8% in 2Q25, compared to 6.5% in 1Q25 [6] Non-Operating Items - Net foreign exchange gain was NT$11,885 million, primarily due to the depreciation of the U.S. dollar against the New Taiwan dollar [3] - Total non-operating expenses for the quarter were NT$938 million [6] - Income before tax was NT$9,255 million in 2Q25, compared to NT$9,810 million in 1Q25 [6] Customer Concentration - The five largest customers accounted for approximately 43% of total net revenues in 2Q25, down from 44% in 1Q25 [11] - One customer represented more than 10% of total net revenues in 2Q25 [11] - Top 10 customers contributed 60% of total net revenues in 2Q25, compared to 61% in 1Q25 [11] Capital Expenditures - Equipment capital expenditures in 2Q25 totaled US$992 million, with US$690 million allocated to packaging operations [11] - Total unused credit lines amounted to NT$355,299 million as of June 30, 2025 [11] - Current ratio was 1.02 and net debt to equity ratio was 0.52 as of June 30, 2025 [11]