Camtek (NASDAQ:CAMT) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Camtek beat estimated earnings by 2.44%, reporting an EPS of $0.42 versus an estimate of $0.41.
Revenue was down $4.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.52% drop in the share price the next day.
Here’s a look at Camtek’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.46 | 0.45 | 0.45 |
| EPS Actual | 0.50 | 0.48 | 0.46 | 0.44 |
| Revenue Estimate | 81.83M | 82.00M | 80.00M | 77.00M |
| Revenue Actual | 82.17M | 81.99M | 79.58M | 77.17M |
To track all earnings releases for Camtek visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.