MIGDAL HAEMEK, Israel,
January 14, 2019 /PRNewswire/ --
Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced that in
light of its order levels so far in the first quarter 2019,
management expects sequential revenue growth into the first quarter
of 2019. Management also reaffirmed its previously issued revenue
guidance for the fourth quarter of 2018, which were for
expectations of revenues between $32.5-$33.5
million, representing year over year growth of 26-30% and
full year 2018 revenue growth of approximately 32%.
Rafi Amit Camtek's CEO commented, "Ahead of
our upcoming presentation at the Needham conference in New York later this week, and given the
background of some general economic uncertainties in parts of the
semiconductor market, I reaffirm that Camtek will meet its revenue
target of 26-30% year-over-year growth for the fourth quarter of
2018. Furthermore, based on the level of orders we have already
received, we expect sequential growth into the first quarter of
2019. These multiple orders include our combined 2D and 3D
inspection and metrology system, the EagleT-AP. This new
system, which began sales at the beginning of 2018, and has sold
dozens of systems during the year, strengthens our competitive
advantage as a leader in our market segment for Advanced Packaging
applications."
ABOUT CAMTEK LTD.
Camtek is a leading manufacturer of metrology and inspection
equipment and a provider of software solutions serving the Advanced
Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments
in the mid end of the semiconductor industry.
Camtek provides dedicated solutions and crucial
yield-enhancement data, enabling manufacturers to improve yield and
drive down their production costs.
With eight offices around the world, Camtek has best-in-class
sales and customer support organization, providing tailor-made
solutions in line with customers' requirements.
This press release is available
at http://www.camtek.com
This press release may contain projections or other
forward-looking statements regarding future events or the future
performance of the Company. These statements are only predictions
and may change as time passes. We do not assume any obligation to
update that information. Actual events or results may differ
materially from those projected, including as a result of changing
industry and market trends, reduced demand for our products, the
timely development of our new products and their adoption by the
market, increased competition in the industry, price reductions as
well as due to risks identified in the documents filed by the
Company with the SEC.
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.com
INTERNATIONAL INVESTOR RELATIONS
GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) 1 646 688 3559
camtek@gkir.com
Camtek Ltd.
P.O.Box 544, Ramat Gabriel Industrial Park
Migdal Ha’Emek 23150, ISRAEL
Tel: +972 (4) 604-8100 Fax: +972 (4) 644-0523
E-Mail: Info@camtek.com Web site: http://www.camtek.com
SOURCE Camtek Ltd