PR Newswire
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 income of $34.2 million (up 56% YoY), representing operating margins of 26.4% and 30.6%, respectively;GAAP net income of $32.7 million and non-GAAP net income of $37.0 million; andStrong positive operating cash flow of $35.8 million.
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 marks a significant leap forward in inspection and metrology technology. It offers unparalleled throughput, precision, and versatility, designed to meet the evolving needs of advanced semiconductor manufacturing.
The first in a number of new products following recent years' R&D efforts
MIGDAL HAEMEK, Israel, Sept. 24, 2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) is pleased to announce the launch of the latest leading inspection system, the Eagle Generation-5 (Eagle G5), marking a significant advancement in Camtek's inspection and metrology technological capabilities. The new system offers unparalleled wafer throughput coupled with improved optical resolution, meeting both current market demand and customers' future roadmap.
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