We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Camtek Ltd | NASDAQ:CAMT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 100.39 | 99.35 | 101.40 | 0 | 01:00:00 |
CAMTEK LTD.
(Registrant)
By: /s/ Moshe Eisenberg
——————————————
Moshe Eisenberg,
Chief Financial Officer
|
Camtek Ltd.
P.O.Box 544, Ramat Gabriel Industrial Park
MigdalHa’Emek 23150, ISRAEL
Tel: +972 (4) 604-8100 Fax: +972 (4) 644-0523
E-Mail: Info@camtek.co.il Web site: http://www.camtek.co.il
|
||
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.co.il
|
INTERNATIONAL INVESTOR RELATIONS
GK Investor Relations
Ehud Helft / Kenny Green
Tel: (US) 1 646 201 9246
camtek@gkir.com
|
|
·
|
Revenues of $21.8 million, up 6% sequentially;
|
|
·
|
Non-GAAP operating income of $1.2 million; GAAP operating income of $1.1 million;
|
|
·
|
Non-GAAP net income of $0.3 million; GAAP net income of $0.1 million;
|
|
·
|
Q2 revenue guidance of $23 to 25 million;
|
|
·
|
Gryphon is being evaluated by a new major PCB manufacturer; and
|
|
·
|
Gryphon SL machines, utilizing Camtek’s 3D functional inkjet technology, are being built in anticipation of customers' evaluations and orders.
|
March 31,
|
December 31,
|
|||||||
2015
|
2014
|
|||||||
U.S. Dollars (In thousands)
|
||||||||
Assets
|
||||||||
Current assets
|
||||||||
Cash and cash equivalents
|
14,013 | 18,220 | ||||||
Short-term deposits
|
729 | 8,607 | ||||||
Trade accounts receivable, net
|
26,648 | 22,341 | ||||||
Inventories
|
26,988 | 24,650 | ||||||
Due from affiliated companies
|
- | 501 | ||||||
Other current assets
|
2,238 | 2,382 | ||||||
Deferred tax asset
|
858 | 858 | ||||||
Total current assets
|
71,474 | 77,559 | ||||||
Fixed assets, net
|
12,981 | 13,025 | ||||||
Long term inventory
|
1,214 | 1,476 | ||||||
Long-term restricted deposit
|
7,875 | 729 | ||||||
Deferred tax asset
|
831 | 891 | ||||||
Other assets, net
|
348 | 348 | ||||||
Intangible assets, net
|
920 | 928 | ||||||
Goodwill
|
1,555 | 1,555 | ||||||
12,743 | 5,927 | |||||||
Total assets
|
97,198 | 96,511 | ||||||
Liabilities and shareholders’ equity
|
||||||||
Current liabilities
|
||||||||
Trade accounts payable
|
9,378 | 9,490 | ||||||
Due to affiliated companies
|
241 | - | ||||||
Other current liabilities
|
16,660 | 16,279 | ||||||
Total current liabilities
|
26,279 | 25,769 | ||||||
Long term liabilities
|
||||||||
Liability for employee severance benefits
|
748 | 860 | ||||||
Other long term liabilities
|
4,324 | 4,150 | ||||||
5,072 | 5,010 | |||||||
Total liabilities
|
31,351 | 30,779 | ||||||
Commitments and contingencies
|
||||||||
Shareholders’ equity
|
||||||||
Ordinary shares NIS 0.01 par value, 100,000,000 shares authorized at March 31 2015 and at December 31, 2014;
|
||||||||
32,586,898 issued shares at March 31, 2015 and at December 31, 2014;
|
||||||||
30,494,522 shares outstanding at March 31, 2015 and at December 31, 2014
|
134 | 134 | ||||||
Additional paid-in capital
|
63,528 | 63,465 | ||||||
Retained earnings
|
4,083 | 4,031 | ||||||
67,745 | 67,630 | |||||||
Treasury stock, at cost (2,092,376 as of March 31, 2015 and December 31, 2014)
|
(1,898 | ) | (1,898 | ) | ||||
Total shareholders' equity
|
65,847 | 65,732 | ||||||
Total liabilities and shareholders' equity
|
97,198 | 96,511 |
Three months ended
March 31,
|
Year ended
December 31,
|
|||||||||||
2015
|
2014
|
2014
|
||||||||||
U.S. dollars
|
||||||||||||
Revenues
|
21,750 | 22,109 | 88,313 | |||||||||
Cost of revenues
|
11,931 | 11,979 | 47,294 | |||||||||
Gross profit
|
9,819 | 10,130 | 41,019 | |||||||||
Research and development costs
|
3,400 | 3,434 | 14,406 | |||||||||
Selling, general and administrative expenses
|
5,281 | 5,526 | 21,417 | |||||||||
Reorganization and impairment
|
- | - | 60 | |||||||||
Total operating expenses
|
8,681 | 8,960 | 35,883 | |||||||||
Operating income
|
1,138 | 1,170 | 5,136 | |||||||||
Financial expenses, net
|
(847 | ) | (365 | ) | (1,220 | ) | ||||||
Income before income taxes
|
291 | 805 | 3,916 | |||||||||
Income tax
|
(239 | ) | (166 | ) | (579 | ) | ||||||
Net income
|
52 | 639 | 3,337 | |||||||||
Earnings per ordinary share:
|
||||||||||||
Basic
|
0.00 | 0.02 | 0.11 | |||||||||
Diluted
|
0.00 | 0.02 | 0.11 | |||||||||
Weighted average number of ordinary
|
||||||||||||
shares outstanding:
|
||||||||||||
Basic
|
30,494 | 30,427 | 30,464 | |||||||||
Diluted
|
30,555 | 30,534 | 30,545 |
Three months ended
March 31,
|
Year ended December 31,
|
|||||||||||
2015
|
2014
|
2014
|
||||||||||
U.S. dollars
|
U.S. dollars
|
|||||||||||
Reported net income attributable to Camtek Ltd. on GAAP basis
|
52 | 639 | 3,337 | |||||||||
Acquisition of Sela and Printar related expenses (1)
|
223 | 206 | 903 | |||||||||
Share-based compensation
|
60 | 39 | 309 | |||||||||
Non-GAAP net income
|
335 | 884 | 4,549 | |||||||||
Non –GAAP net income per share, basic and diluted
|
0.01 | 0.03 | 0.15 | |||||||||
Gross margin on GAAP basis
|
45.1 | % | 45.8 | % | 46.4 | % | ||||||
Reported gross profit on GAAP basis
|
9,819 | 10,130 | 41,019 | |||||||||
Acquisition of Sela and Printar related expenses (1)
|
- | - | 264 | |||||||||
Share-based compensation
|
6 | 16 | 42 | |||||||||
Non- GAAP gross margin
|
45.2 | % | 45.9 | % | 46.8 | % | ||||||
Non-GAAP gross profit
|
9,825 | 10,146 | 41,325 | |||||||||
Reported operating income
attributable to Camtek Ltd. on GAAP basis
|
1,138 | 1,170 | 5,136 | |||||||||
Acquisition of Sela and Printar related expenses (1)
|
- | - | 264 | |||||||||
Share-based compensation
|
60 | 39 | 309 | |||||||||
Non-GAAP operating income (loss)
|
1,198 | 1,209 | 5,709 |
|
(1)
|
During the three months ended March 31, 2015 and 2014 and the twelve months ended December 31, 2014, the Company recorded acquisition expenses of $0.2 million, $0.2 million, and $0.9 million, respectively, consisting of: (1) Revaluation adjustments of $0.2 million, $0.2 million, and $0.6 million, respectively, of contingent consideration and certain future liabilities recorded at fair value. These amounts are recorded under finance expenses line item; and (2) Implication of re-organization and impairment charges of $0, $0, and $0.3 million respectively.
|
1 Year Camtek Chart |
1 Month Camtek Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions