Orbotech Ltd (ORBK) Tops Q1 EPS by 1c

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Orbotech Reports First Quarter 2016 Results

May 4, 2016 6:01 AM EDT

YAVNE, Israel, May 4, 2016 /PRNewswire/ --

2016 first quarter highlights

Revenues of $190 million Gross margin of 45.0% Non-GAAP EPS of $0.53 (diluted); GAAP EPS of $0.36 (diluted) Term loan repayment of $26 million

2016 second quarter guidance

Revenue range: $190 million to $198 million Gross margin range: 45.0% to 45.5%

ORBOTECH LTD. (NASDAQ: ORBK) (the "Company") today announced its consolidated financial results... More