Camtek posts 4Q profit

Published February 08, 2017

MIGDAL HAEMEK, Israel (AP) _ Camtek Ltd. (CAMT) on Wednesday reported fourth-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.

The Migdal Haemek, Israel-based company said it had net income of 7 cents per share.

The maker of automatic optical inspection and process enhancement systems posted revenue of $29.3 million in the period.

For the year, the company reported net income of $4.7 million, or 13 cents per share, swinging to a profit in the period. Revenue was reported as $109.5 million.

The company's shares closed at $3.62. A year ago, they were trading at $1.77.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAMT at https://www.zacks.com/ap/CAMT

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Keywords: Camtek, Earnings Report

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