Camtek Announces Third Quarter 2014 Results

 

 

Consolidated Statements of Operations

(in thousands, except share data)





Nine Months ended

Three Months ended

Year ended


September 30,

September 30,

December 31,


2014

2013

2014

2013

2013


U.S. dollars

U.S. dollars

U.S. dollars







Revenues

67,713

62,072

22,443

21,733

85,405

Cost of revenues

36,146

34,363

12,474

12,046

51,003







Gross profit

31,567

27,709

9,969

9,687

34,402













Research and development costs

10,705

10,715

3,741

3,507

14,370

Selling, general and administrative expenses

16,086

15,554

5,186

5,580

22,362

Reorganization and impairment

-

-

-

-

(3,466)


26,791

26,269

8,927

9,087

33,266







Operating income

4,776

1,440

1,042

600

1,136







Financial expenses (income), net

(861)

(1,681)

(167)

(603)

1,738







Income (loss) before income






taxes

3,915

(241)

875

(3)

(602)







Income tax

(646)

(412)

(257)

(119)

609







Net income (loss)

3,269

(653)

618

(122)

7







Net income (loss) per ordinary share:












Basic

0.11

(0.02)

0.02

0.00

0.00







Diluted

0.11

(0.02)

0.02

0.00

0.00







Weighted average number of






ordinary shares outstanding:












Basic

30,457

29,993

30,476

30,046

30,040







Diluted

30,542

29,993

30,556

30,046

30,044


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