Camtek Expects Q3 Revenue Of $107M-$110M, Est $104.014M
Portfolio Pulse from Benzinga Newsdesk
Camtek expects Q3 2024 revenue between $107M-$110M, surpassing estimates of $104.014M. This represents a 35% mid-point increase over Q3 2023. Management anticipates continued sequential growth into Q4 due to strong order flow.
August 01, 2024 | 10:18 am
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Camtek expects Q3 2024 revenue between $107M-$110M, surpassing estimates of $104.014M. This represents a 35% mid-point increase over Q3 2023. Management anticipates continued sequential growth into Q4 due to strong order flow.
Camtek's revenue projection for Q3 2024 significantly exceeds market estimates and shows a strong year-over-year growth. The company's positive outlook and strong order flow suggest continued growth, likely boosting investor confidence and stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100