Camtek Ltd. (CAMT) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $33.01 million, or $0.67 per share. This compares with $20.79 million, or $0.42 per share, last year.
Excluding items, Camtek Ltd. reported adjusted earnings of $37.71 million or $0.77 per share for the period.
Analysts on average had expected the company to earn $0.75 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 32.2% to $117.29 million from $88.69 million last year.
Camtek Ltd. earnings at a glance (GAAP) :
-Earnings: $33.01 Mln. vs. $20.79 Mln. last year.
-EPS: $0.67 vs. $0.42 last year.
-Revenue: $117.29 Mln vs. $88.69 Mln last year.
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