Camtek Announces Record Results for 2019

(1)  In the second and third quarters of 2019, certain transaction expenses were incurred in relation to the
technological cooperation agreement with Chroma. These were recorded under operating expenses.

(2)  At the end of the first quarter of 2018, the Company ceased its efforts to utilize the remaining inventory and
equipment related to FIT development and recorded a one-time write-off in the amount of $0.5 million,
consisting of: (1) inventory write-offs of $0.2 million, recorded under the cost of revenue line item; and (2)
fixed asset write-offs of $0.3 million recorded under operating expenses. 

CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972-4-604-8308
Mobile: +972-54-900-7100
moshee@camtek.com  

INTERNATIONAL INVESTOR RELATIONS  
GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) 1-646-688-3559
camtek@gkir.com

 

Cision View original content: http://www.prnewswire.com/news-releases/camtek-announces-record-results-for-2019-301008296.html

SOURCE Camtek Ltd.

Contact:
Company Name: Camtek Ltd.
Financial data for Camtek Ltd.



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