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

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Orbotech Reports Second Quarter 2016 Results

August 3, 2016 6:00 AM EDT

YAVNE, Israel, Aug. 3, 2016 /PRNewswire/ --

2016 second quarter highlights

Revenues of $196 million Gross margin of 45.9% GAAP EPS of $0.30 (diluted); Non-GAAP EPS of $0.60 (diluted)

2016 third quarter guidance

Revenue range: $200 million to $208 million Gross margin of 45.5%-46.0%

ORBOTECH LTD. (NASDAQ: ORBK) (the "Company") today announced its consolidated financial results for the quarter ended June 30, 2016.

Commenting on the results, Asher Levy, Chief Executive Officer,... More