Bloomberg News

Camtek Tumbles Most Since October After Posting Quarterly Loss

February 22, 2012

Feb. 22 (Bloomberg) -- Camtek Ltd. slid the most in more than four months after the maker of optical-inspection systems reported a fourth-quarter loss yesterday.

The shares tumbled 8.3 percent, the most since Oct. 4, to 8.705 shekels, or the equivalent of $2.33, at 12:37 p.m. in Tel Aviv, bringing the two-day drop to 11 percent. The company’s U.S. traded shares plunged 11 percent to $2.4 yesterday.

Camtek reported a net loss of $1.9 million after a profit of $1.3 million in the year-earlier period.

--Editors: Claudia Maedler, Shanthy Nambiar

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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