Sneak Preview of Camtek Ltd. ($CAMT) 3Q20 Earnings

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Camtek Ltd. (NASDAQ:CAMT) is set to announce third quarter earning results on Tuesday 27th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, CAMT to report 3Q20 income of $ 0.18 per share.

For the full year, analysts anticipate top line of $ 143.63 million, while looking forward to income of $ 0.60 per share bottom line.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 38.00 million ~ $ 39.00 million

Click Here For More Historical Outlooks Of Camtek Ltd.

Previous Quarter Performance

Camtek Ltd. announced income for the second quarter of $ 0.16 per share, from the revenue of $ 37.00 million. The quarterly earnings down 11.11 percent while revenues swell 7.87 percent compared with the same quarter last year. analysts_est_eps The bottom line results beat street analysts by $ 0.01 or 6.67 percent.

Stock Performance

Shares of Camtek Ltd. traded low $ -0.15 or -0.83 percent on Friday, reaching $ 17.97 with volume of 78.00 thousand shares. Camtek Ltd. has traded high as $ 18.38 and has cracked $ 17.20 on the downward trend

According to the previous trading day, closing price of $ 17.97, representing a 189.00 % increase from the 52 week low of $ 6.27 and a 7.79 % decrease over the 52 week high of $ 19.65.

The company has a market capital of $ 703.51 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.

Conference Call

Camtek Ltd. will be hosting a conference call at 9:00 AM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.camtek.com

Camtek Ltd. provides inspection and metrology solutions for the semiconductor industry in the Asia Pacific, North America, and Europe. It provides solutions based on its advanced image processing, motion control, material handling, algorithms, and optics related technologies.