Orbotech Ltd (ORBK) Tops Q1 EPS by 5c; CFO Abramovitch Resigns
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April 30, 2015 6:00 AM EDT
YAVNE, Israel, April 30, 2015 /PRNewswire/ --
2015 first quarter highlights
Revenues of $185 million, compared with $105 million in the first quarter of 2014
Gross margin of 45.0% compared with 43.6% in the first quarter of 2014
Adjusted EBITDA margin of 18.3% compared with 11.8% in the first quarter of 2014
Non-GAAP EPS of $0.48 (diluted); GAAP EPS of $0.28 (diluted)
Cash generated from operations of $21.6 million
2015 second quarter guidance
Revenues range: $185 million to $193 million
Gross margin: approximately 45%....
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April 30, 2015 5:45 AM EDT
YAVNE, Israel, April 30, 2015 /PRNewswire/ --Â Orbotech Ltd. (NASDAQ: ORBK) today announced that Doron Abramovitch, Chief Financial Officer, has decided to leave the Company in the coming months to pursue other interests.
Asher Levy, Chief Executive Officer, stated: "On behalf of the Company, and personally, I would like to wish Doron well for the future and to thank him for his contribution over the last four years, during which he played an instrumental role in the growth of the Company and its operational and profitability... More
