Camtek
🇮🇱 NASDAQ:CAMT
•
Dec 31, 2024
Camtek Q4 2024 Earnings Report
Key Takeaways
Camtek Ltd. reported record fourth-quarter revenue of $117.3 million, a 32% year-over-year increase. GAAP operating income surged 82% to $31.3 million, while non-GAAP operating income increased 42% to $36.3 million. GAAP net income rose 59% to $33.0 million, and non-GAAP net income grew 34% to $37.7 million. GAAP diluted EPS was $0.67, and non-GAAP diluted EPS was $0.77.
Camtek Revenue
Camtek EPS
Forward Guidance
Camtek expects Q1 2025 revenue in the range of $118-120 million, reflecting a 23% year-over-year growth.
Positive Outlook
- Strong backlog supporting revenue growth into 2025
- Launch of new Eagle G5 and Hawk systems
- Expansion into new markets
- AI demand driving higher investments in semiconductor technology
- Growing adoption of high-performance computing applications
Challenges Ahead
- Potential economic uncertainties affecting semiconductor demand
- Supply chain risks impacting component availability
- Geopolitical tensions in key markets
- Increasing competition in AI-related semiconductor technology
- Fluctuations in customer capital expenditure cycles