Shares of Camtek (NASDAQ:CAMT) rose 3.3% in pre-market trading after the company reported Q1 results.
Earnings per share fell 50.00% year over year to $0.09, which missed the estimate of $0.11.
Revenue of $30,179,000 lower by 11.24% year over year, which beat the estimate of $30,030,000.
Camtek hasn't issued any earnings guidance for the time being.
Q2 revenue expected to be between $36,000,000 and $38,000,000.
Conference Call Details
Date: May 11, 2020
Time: 07:04 PM ET
52-week high: $14.24
52-week low: $6.26
Price action over last quarter: down 3.16%
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and a provider of software solutions serving Advanced Packaging, Memory, (complementary metal oxide semiconductor) CMOS Image Sensors, (micro-electro mechanical systems) MEMS, RF and other. Geographically, it derives maximum revenue from the Asia Pacific followed by the United States and Europe. The company products and services include Surface Inspection, Bump Inspection and Metrology and others. Geographically, it derives a majority of revenue from the Asia Pacific region.