Orbotech Reports Second Quarter 2016 Results

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Go back to Orbotech Reports Second Quarter 2016 Results

Oppenheimer Reiterates Outperform on Orbotech Ltd (ORBK) Following 2Q

August 4, 2016 8:01 AM EDT

Oppenheimer reiterated an Outperform rating and $35.00 price target on Orbotech Ltd. (NASDAQ: ORBK) following the company's 2Q earnings report. Total revenues grew 3% Q/Q and 4% Y/Y. Management guided to a 3Q16 revenue range of $200M-$208M and gross margin of 45.5%-46%.

Analyst Andrew... More

Orbotech Ltd (ORBK) Tops Q2 EPS by 4c; Guides Q3 Revs In-Line

August 3, 2016 8:25 AM EDT

Orbotech Ltd (NASDAQ: ORBK) reported Q2 EPS of $0.60, $0.04 better than the analyst estimate of $0.56. Revenue for the quarter came in at $196 million versus the consensus estimate of $195.15 million.

GUIDANCE:

Orbotech Ltd sees Q3 2016 revenue of $200-208 million, versus the consensus of... More