ORBOTECH (ORBK) Lowers Q3 Guidance
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ORBOTECH LTD. (NASDAQ: ORBK) sees Q3 revenues of $90-95 million, versus the consensus of $104.5 million.
ORBOTECH said recently certain of the Company's PCB customers have deferred deliveries for the Company's PCB systems, due to the increased continuing difficulties which they are facing in securing credit facilities in respect of previously-confirmed orders. However, the Company has not experienced any changes in current deliveries, orders or backlog for its FPD inspection products.
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