Camtek Expects Q1 Revenues to Exceed Previous Expectations
Monday April 24, 7:45 am ET
Anticipates Second Quarter Record Revenues Between $26 and 29 Million
MIGDAL HA'EMEK, Israel, April 24 /PRNewswire-FirstCall/ -- Camtek Ltd. (NASDAQ:CAMT, TASE:CAMT) today announced that it expects its revenues in the first quarter of 2006 to exceed its previously announced range of $22-24 million and reach $24.5-25 million. That forecast was previously revised upwards from preliminary first quarter guidance, issued in January 2006. For the second quarter of 2006 the Company anticipates revenues of $26-29 million.
Mrs. Ronit Dulberg, Camtek's CFO commented, "These results derived from strong performance in the PCB market that exceeded our previous estimates, and from the continuing growth of our sales to the semiconductor industry. In the semiconductor inspection market, Camtek has won a number of new and repeat orders from leading semiconductor manufacturers, including new Japanese and European customers."
Camtek also announced that it would release its results for the first quarter of 2006 on Tuesday, May 16 before the market opens.
ABOUT CAMTEK LTD. With headquarters in Migdal Ha'Emek Israel, Camtek Ltd., designs, develops, manufactures, and markets automatic optical inspection systems and related products. Camtek's automatic inspection systems are used to enhance both production processes and yield for manufacturers in the printed circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging industry. This press release is available at www.camtek.co.il.
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