Seeking Alpha

Camtek CEO steps down

  • Camtek (CAMT) announces that CEO Roy Porat will step down, to be replaced by previous CEO and co-founded Rafi Amit following a transition period.
  • CAMT's board says Amit is "best suited to lead Camtek on its current strategic path, with its focus on bringing the new GreenJet DMD system to the commercialization phase."
  • Shares of CAMT have more than doubled since mid November over anticipation of its planned 2014 entrance into 3D circuit board printing.
  • Source: press release
Comments (1)
  • znadav
    , contributor
    Comments (9) | Send Message
     
    Diligent investors should be wary of the company's latest "under theradar" lowered guidance , evidently in the latest company presentationon P.18 the lowered sales range to 22-24mm$ from 23-25mm$ in thepresentation published last december. also, Q4 profit bar hasmysteriously vanished in the recent PPT. embedded links. P.18 :
    http://bit.ly/IOrmoL
    http://bit.ly/1bBJiOv
    33
    21 Jan 2014, 04:50 AM Reply Like
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