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
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. |
