Stock Monitor: Aehr Test Systems Post Earnings Reporting
LONDON, UK / ACCESSWIRE / January 11, 2018 / Active-Investors.com has just released a free research report on Camtek Ltd (NASDAQ: CAMT). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CAMT as the Company's latest news hit the wire. On January 09, 2018, the Company, a leading manufacturer of metrology and inspection equipment and a provider of software solutions for the semiconductor industry, declared that it has received multiple orders for a total of 17 tools of its Next Generation systems for the 3D metrology and measurement of bumps in the Advanced Packaging market. Register today and get access to over 1000 Free Research Reports by joining our site below:
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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Camtek most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
Majority of the Orders from Camtek's Tier-1 Customers
Camtek got these orders from multiple tier-1 customers in recent weeks. A majority of these tools have to be installed in the first half of 2018. This implies that Camtek is starting the year with the highest ever backlog. In this regard, Rafi Amit, the Chief Executive Officer of Camtek, stated that the Company has a great start to 2018, given the huge order backlog. He looks forward to the promising prospects for the year ahead.
Orders Triggered by Camtek's Next Generation 3D Metrology System
Camtek offers dedicated solutions and yield-enhancement data that help manufacturers improve yield and drive down production costs. At present, the Company has eight offices around the world, with best-in-class sales and customer support organization, providing tailor-made solutions as per customers' requirements.
Camtek believes that the initial market introduction of its Next Generation 3D Metrology system as well as its customers' intensive qualification process has triggered these orders. Camtek's Next Generation 3D Metrology system was launched at Semicon Taiwan in September 2017. In fact, the Next Generation System has already been qualified by many of its major customers. The successful introduction of Camtek's 3D metrology system would further boost the Company's confidence in maintaining its competitive advantages in this market.
Ramy Langer, Chief Operating Officer at Camtek, believes that this huge order backlog is indicative of the Company's market leading position in metrology for the Advanced Packaging market. The Next Generation systems have been specifically designed to fulfill the growing and stringent demands of this market, in throughput as well as accuracy.
On January 09, 2018, Camtek announced that its CEO would present at the 20th Annual Needham Growth Conference, which is to be held at the Lotte New York Palace Hotel. The Camtek presentation is scheduled at 10:40 am Eastern Time on Wednesday, January 17, 2018. At this conference, investors would get an opportunity for one-on-one interaction with Camtek's management.
Another notable development is that Camtek's CEO would be ringing the NASDAQ Closing Bell on Tuesday, January 16, 2018, at 4 pm. 2017 was an important year for Camtek, both in terms of a strategic perspective and financial performance, and this ceremony marks its success.
Stock Performance Snapshot
January 10, 2018 - At Wednesday's closing bell, Camtek's stock marginally climbed 0.30%, ending the trading session at $6.66.
Volume traded for the day: 154.86 thousand shares, which was above the 3-month average volume of 154.48 thousand shares.
Stock performance in the last month – up 20.00%; previous three-month period – up 20.28%; past twelve-month period – up 99.65%; and year-to-date - up 16.43%
After yesterday's close, Camtek's market cap was at $228.30 million.
The stock has a dividend yield of 8.41%.
The stock is part of the Technology sector, categorized under the Semiconductor Equipment & Materials industry.
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