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Stock impact report

CAMTEK ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2022

Camtek Ltd. - Ordinary Shares (CAMT) 
Last camtek ltd. - ordinary shares earnings: 2/20 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: camtek.com/investors/overview
Company Research Source: PR Newswire
Record revenue of $77.2 million; $150m in orders since the beginning of 2022 MIGDAL HAEMEK, Israel, May 12, 2022 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the first quarter ended March 31, 2022.Highlights of the First Quarter of 2022Record quarterly revenues of $77.2 million; a 35% increase year-over-year;GAAP operating income of $19.5 million; non-GAAP operating income of $22.2 million, representing an operating margin of 25.3% and 28.8% respectively;GAAP net income of $18.4 million and non-GAAP net income of $21.0 millionForward-Looking ExpectationsManagement expects continued growth for the second quarter with revenues to be $77-80 million. Management Comment Rafi Amit, Camtek's CEO commented, "We have started 2022 with strong results and we are continuing to experience an impressive flow of orders. Despite the negative global geopolitical environment and the ongoing COVID-19 implications, specifically the lockdown in Shangha Show less Read more
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