Orbotech Reports First Quarter 2015 Results

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Orbotech (ORBK) PT Raised to $24 at Oppenheimer on Strong Start for 2015

May 1, 2015 8:16 AM EDT

Oppenheimer analyst Andrew Uerkwitz reiterate an Outperform rating and boosted his price target on Orbotech Ltd. (NASDAQ: ORBK) to $24.00 (from $21.00) following strong Q1 results.

Uerkwitz commented, "ORBK reported 1Q15 revenues/EPS of $185.8M/$0.48, beating consensus estimates of $181.2M/$0.43 and our $181.2M/$0.45.... More

Orbotech Ltd (ORBK) Tops Q1 EPS by 5c; CFO Abramovitch Resigns

April 30, 2015 6:29 AM EDT

Orbotech Ltd (NASDAQ: ORBK) reported Q1 EPS of $0.48, $0.05 better than the analyst estimate of $0.43. Revenue for the quarter came in at $185 million versus the consensus estimate of $181.2 million.

The company announced that Doron Abramovitch, Chief Financial Officer, has decided to leave... More