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Camtek: Q2 Earnings Snapshot
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MIGDAL HAEMEK, Israel (AP) — MIGDAL HAEMEK, Israel (AP) — Camtek Ltd. (CAMT) on Monday reported second-quarter earnings of $23.3 million.

On a per-share basis, the Migdal Haemek, Israel-based company said it had profit of 46 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 78 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The maker of automatic optical inspection and process enhancement systems posted revenue of $133.2 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $130.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAMT at https://www.zacks.com/ap/CAMT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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