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Camtek Ltd. (NASDAQ: CAMT, TASE: CAMT), headquartered in Migdal Ha'emek, Israel, is a premier manufacturer of metrology and inspection equipment and a provider of comprehensive software solutions for the semiconductor industry. Camtek's leading technological solutions cater to various semiconductor market segments including Advanced Packaging, Memory, CMOS Image Sensors, MEMS, and RF. Their systems meticulously inspect wafers, providing yield-enhancement data that enables manufacturers to elevate their production yield and reduce operational costs.
Founded on a profound commitment to performance and customer service, Camtek operates with eight offices globally, delivering best-in-class sales and customer support. The company's cutting-edge systems, which include Surface Inspection and Bump Inspection and Metrology, are integral in maintaining the quality and reliability of semiconductor devices, especially within high-demand sectors like High Bandwidth Memory (HBM) and Heterogeneous Integration (HI).
Camtek has recently reported several significant achievements:
- Announced its financial results for Q3 2023, demonstrating robust financial health with revenues of $80.5 million and projections of further growth into 2024.
- Secured a new order for 28 systems from a tier-1 manufacturer for HBM and HI applications, underscoring its position as a key player in high-performance computing and AI technology sectors.
- Received a record number of orders in the latter half of 2023, including a substantial order from an OSAT for Advanced Packaging applications, reinforcing expectations of a historic revenue year in 2024.
- Showcased continuous strong financial performance with a reported revenue of $88.7 million for Q4 2023 and a projection of up to $95 million for Q1 2024.
- Projected Q2 2024 revenues between $100-102 million, driven by the strong demand for HBM and chiplet devices crucial for AI applications.
Camtek's dedication to innovation and quality extends to its strategic acquisitions, such as the recent purchase of FRT, a move anticipated to bolster their market presence further. With a robust order pipeline and a solid financial position, Camtek is poised for sustained growth, with expected record revenues in FY 2024.
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Camtek (CAMT) is set to release its financial results for the first quarter of 2024 on May 9, 2024. The company will host a video conference call on Zoom at 9:00 am ET, where the CEO, CFO, and COO will present the results and answer questions. Participants can register for the call via a provided link and access it either through the Zoom app or a dial-in number. The call will be available for replay on the company's website after its conclusion.
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Camtek receives a $25 million order from a tier-1 HBM manufacturer for inspection and metrology of High Bandwidth Memory, boosting growth prospects.
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Camtek declares a cash dividend of US$1.33 per share, totaling approximately US$60 million, payable on April 18, 2024, to shareholders of record on April 4, 2024.
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Camtek Ltd. expects a 30% YoY growth in the first quarter of 2024 with record revenue in FY 2024. The company reported revenues of $88.7 million in the fourth quarter of 2023, an 8% increase YoY, and revenues of $315.4 million for the full year 2023. Management anticipates a record year in 2024 driven by high demand for high performance computing.
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Camtek Ltd. (CAMT) is set to release its financial results for the fourth quarter of 2023 on February 20, 2024. The company will host a video conference call via Zoom, featuring the CEO, CFO, and COO to discuss the results. Participants can register for the call and access it via the Zoom app or a dial-in telephone number. The call will also be available for replay on Camtek's website 24 hours after the live event.
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Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) announced its participation in the 26th Annual Needham Growth Conference in New York City from January 16-19, 2024. The company's CFO and COO will host a fireside chat session on January 18, 2024, at 10:15am Eastern Time and will be available for one-on-one meetings with investors at the conference.
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Camtek Ltd. (CAMT) receives a significant order of 25 systems from a leading Outsourced Semiconductor Assembly and Test (OSAT) for various Advanced Packaging applications, affirming their commitment to providing industry-leading inspection and metrology solutions. Delivery to the customer is expected in 2024.
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Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) reported a revenue of $80.5 million for the third quarter of 2023, with a 9% sequential growth. The GAAP operating income was $19.1 million, with non-GAAP operating income of $22.2 million, representing an operating margin of 23.7% and 27.6% respectively. The company expects continued organic growth in the fourth quarter and into 2024, with a record revenue of between $87-89 million projected for the fourth quarter. Camtek's CEO, Rafi Amit, expressed optimism about the healthy backlog and expected orders in 2024, pointing to a year of growth for the company.
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Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) has received a new order for 28 systems from a tier-1 manufacturer, adding to the already strong backlog of systems expected to be delivered during 2024. The order is for the inspection & metrology of High Bandwidth Memory (HBM) and Heterogenous Integration (HI) applications, critical components in chips enabling high-speed data processing in various applications. Camtek's state-of-the-art inspection and metrology systems play a pivotal role in ensuring the quality, reliability, and performance of the chip leveraging today's newest chip fabrication technologies.
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Camtek Ltd. has completed its acquisition of FRT Metrology business for $100 million in cash from FormFactor. The acquisition expands Camtek's available markets and allows them to offer advanced solutions in semiconductor manufacturing. With the expanded product offering and market synergy, Camtek is well-positioned for continued growth.
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FAQ
What is the current stock price of Camtek (CAMT)?
The current stock price of Camtek (CAMT) is $74.07 as of November 15, 2024.
What is the market cap of Camtek (CAMT)?
The market cap of Camtek (CAMT) is approximately 3.4B.
What does Camtek Ltd. specialize in?
Camtek Ltd. specializes in manufacturing metrology and inspection equipment and providing software solutions for the semiconductor industry.
Which market segments does Camtek serve?
Camtek serves various segments including Advanced Packaging, Memory, CMOS Image Sensors, MEMS, RF, and other mid-end semiconductor markets.
Where does Camtek derive most of its revenue from?
Camtek derives most of its revenue from China, followed by the Asia Pacific region, Korea, the United States, and Europe.
What are some of Camtek's recent achievements?
Recent achievements include significant orders for HBM and HI applications, record financial performance, and strategic acquisitions like FRT.
What are Camtek's core products and services?
Camtek's core products and services include Surface Inspection, Bump Inspection and Metrology, among other high-end inspection and metrology solutions.
How does Camtek support its customers globally?
Camtek operates with eight global offices, providing tailored solutions and best-in-class sales and customer support to meet unique customer requirements.
What financial performance did Camtek report for Q3 and Q4 2023?
For Q3 2023, Camtek reported revenues of $80.5 million, and for Q4 2023, revenues of $88.7 million, with continued growth expected in 2024.
What is driving Camtek's growth in 2024?
Camtek's growth in 2024 is driven by high demand for HBM and chiplet devices, essential for AI technology and high-performance computing.
What role does Camtek play in the semiconductor industry?
Camtek is a key player in ensuring the quality and reliability of semiconductor devices through its high-end inspection and metrology systems.
What future expectations does Camtek have for revenue and growth?
Camtek expects record revenues in FY 2024, with projected Q1 revenues up to $95 million and Q2 revenues between $100-102 million, driven by ongoing demand in the semiconductor industry.
Camtek Ltd
Nasdaq:CAMT
CAMT Rankings
CAMT Stock Data
3.40B
45.37M
38.55%
45.35%
6.98%
Semiconductor Equipment & Materials
Technology
United States of America
Migdal Haemek