Yahoo Finance Camtek Full Year 2023 Earnings: EPS Misses Expectations
Camtek (NASDAQ:CAMT) Full Year 2023 Results
Key Financial Results
Revenue: US$315.4m (down 1.7% from FY 2022).
Net income: US$78.6m (down 1.6% from FY 2022).
Profit margin: 25% (in line with FY 2022).
EPS: US$1.76 (down from US$1.81 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Camtek EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's shares are up 12% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Camtek's balance sheet and an in-depth analysis of the company's financial position.
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