Israel's Camtek Q3 revenue slightly misses estimates
CAMT•Camtek reported preliminary third-quarter revenue of $161.3 million, up 28% year over year but slightly below the $162.15 million estimate. It expects fourth-quarter 2026 revenue of about $180 million, full-year 2026 revenue of about $595 million and 2027 revenue above $800 million.
1. Quarterly results
Camtek reported third-quarter revenue of $161.3 million, up 28% year over year, compared with the $162.15 million consensus estimate. Adjusted operating income was $47.5 million, slightly below the $47.72 million estimate. The company reported adjusted net income of $50.3 million, net income of $42.8 million and operating cash flow of $71.1 million.
2. Outlook and drivers
The company expects fourth-quarter 2026 revenue of about $180 million and full-year 2026 revenue of about $595 million, and sees 2027 revenue exceeding $800 million. It said growth in high-end advanced packaging, supported by expanding AI demand, drove third-quarter results, with momentum continuing across all key indicators.
