01:56 PM EST, 11/12/2024 (MT Newswires) -- (Updates with the stock price movement in the headline and the first paragraph.)

Camtek ( CAMT ) shares jumped past 5% in recent Tuesday trading after the company reported Q3 results ahead of estimates.

The company reported non-GAAP earnings of $0.75 per diluted share, up from $0.51 a year earlier.

Analysts polled by Capital IQ expected $0.69.

Revenue for the quarter ended Sept. 30 was $112.3 million, compared with $80.5 million a year earlier.

Analysts surveyed by Capital IQ expected $108.7 million.

The company said it expects Q4 revenue of about $115 million. Analysts surveyed by Capital IQ expect $112.7 million.

Price: 82.78, Change: +4.08, Percent Change: +5.18