Orbotech Reports Second Quarter 2017 Results
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Orbotech Ltd. (ORBK) PT Raised to $40 at Needham & Company
August 2, 2017 3:41 PM EDTNeedham & Company raised its price target on Orbotech Ltd. (NASDAQ: ORBK) to $40.00 (from $38.00) while maintaining a Buy rating following beat and raise quarter.
Analyst James Ricchiuti performance was driven by record bookings and another quarter of double-digit growth in PCB and accelerating growth... More
Orbotech Ltd (ORBK) Tops Q2 EPS by 8c
August 2, 2017 6:02 AM EDTOrbotech Ltd (NASDAQ: ORBK) reported Q2 EPS of $0.67, $0.08 better than the analyst estimate of $0.59. Revenue for the quarter came in at $210.7 million versus the consensus estimate of $205.64 million.
2017 second half guidance
Revenue range: $460 million to $480 million, split about evenly between the third... More