Semiconductor manufacturer Camtek is preparing to publish a favorable report
Semiconductor manufacturing company Camtek Ltd. (CAMT) announced preliminary results of the second quarter at the Semicon—West exhibition. Good indicators became the driver of the growth of CAMT quotes by 4.11% to $ 25.56 at the auction on July 11. The market capitalization was $1.13 billion. Camtek will publish its quarterly report on July 27, 2022; the company announced that the revenue in this report would be at the upper limit of the forecast range, about $ 80 million.
At the same time, the company has received orders totaling more than $ 200 million, and new customers continue to turn to new Camtek developments. Among them, packaging at the level of the branching plate (FOWLP) is a cheaper, more reliable way of manufacturing modern chips. Camtek technologies are also in demand for manufacturing CMOS image sensors, interfaces, and complex multilayer semiconductors. Thus, Camtek expects growth in 2022.
According to the company’s management, the results of the second quarter record and a strong flow of orders strengthen positive expectations for the year. By the end of this year, Camtek expects revenue growth of about 15-19%. The Israeli company Camtek is an equipment developer for producing and testing new generation semiconductors.
The company focuses on the most complex areas, such as microelectromechanical systems (MEMS), radio frequency chips, and technologies for mass production of essential components for chips of intricate design. Camtek’s structure consists of eight subsidiaries in the USA, Europe, and Asia. Camtek’s clients include, among others, large manufacturers of essential components for the semiconductor industry.
