UPDATE: Camtek Ltd (CAMT) Tops Q4 EPS by 2c, Offers Guidance

Camtek Ltd (NASDAQ: CAMT) reported Q4 EPS of $0.21, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $48.6 million versus the consensus estimate of $43.07 million.

Forward-Looking Expectations:

Management expects continued revenue growth in the first quarter of 2021, with revenues of between $54-56 million. Just in the last two weeks the Company has received multiple systems orders from several customers totaling $25 million. The orders received so far, together with the sales pipeline, point to a strong revenue forecast for the first half of 2021. Management is anticipating revenues of over $110 million in the first half of 2021, implying at least 65% growth over the first half of 2020.

(Consensus sees Q1 revenue of $41.4 million)

For earnings history and earnings-related data on Camtek Ltd (CAMT) click here.

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