Camtek (NASDAQ:CAMT) Issues Quarterly Earnings Results

Camtek (NASDAQ:CAMT) issued its quarterly earnings results on Thursday. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.02), Briefing.com reports. Camtek had a return on equity of 21.06% and a net margin of 18.00%. The firm had revenue of $32.47 million for the quarter, compared to the consensus estimate of $32.00 million. During the same period last year, the firm earned $0.16 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis.

Shares of CAMT traded up $0.04 during trading hours on Friday, hitting $9.90. The company had a trading volume of 197,000 shares, compared to its average volume of 163,581. The stock’s 50 day moving average price is $10.20 and its 200 day moving average price is $9.28. The firm has a market cap of $395.41 million, a P/E ratio of 19.04 and a beta of 1.63. Camtek has a 52-week low of $6.29 and a 52-week high of $11.36.

Several equities research analysts have issued reports on the company. BidaskClub raised Camtek from a “hold” rating to a “buy” rating in a research note on Monday, October 7th. Zacks Investment Research raised Camtek from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th.

Camtek Company Profile

Camtek Ltd. provides inspection and metrology solutions for the semiconductor industry in the Asia Pacific, North America, and Europe. The company provides solutions based on its advanced image processing, motion control, material handling, and optics related technologies. It designs, develops, manufactures, and markets automatic optical inspection (AOI) systems that optically inspect and measure various types of semiconductors wafers.

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Earnings History for Camtek (NASDAQ:CAMT)

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