Camtek ( (CAMT) ) has released its Q2 earnings. Here is a breakdown of the information Camtek presented to its investors.
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Camtek Ltd. is a leading developer and manufacturer of high-end inspection and metrology equipment for the semiconductor industry, providing solutions for various demanding market segments such as Advanced Interconnect Packaging and Heterogeneous Integration.
In its latest earnings report, Camtek announced record results for the second quarter of 2025, with significant year-over-year growth in revenue and net income. The company anticipates continued growth in the upcoming quarters, driven by advancements in high-performance computing applications for AI.
Key financial highlights from the second quarter include a 20% increase in revenue to $123.3 million, a GAAP gross margin of 50.8%, and a non-GAAP gross margin of 51.9%. Operating income rose by 24% to $32.0 million on a GAAP basis, while net income increased by 20% to $33.7 million. The company also reported a strong operating cash flow of $23.5 million.
Camtek’s CEO, Rafi Amit, emphasized the company’s leadership in advanced packaging solutions, which are crucial for the evolving AI market. The introduction of new systems like Eagle G5 and Hawk has been well-received, positioning Camtek to benefit from an industry-wide upgrade cycle.
Looking ahead, Camtek aims to achieve a significant milestone of half a billion dollars in annual revenue by the third quarter of 2025, supported by a healthy order pipeline and continued demand for its innovative technologies.