Orbotech Ltd (ORBK) Tops Q2 EPS by 4c; Guides Q3 Revs In-Line
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Oppenheimer Reiterates Outperform on Orbotech Ltd (ORBK) Following 2Q
August 4, 2016 8:01 AM EDTOppenheimer reiterated an Outperform rating and $35.00 price target on Orbotech Ltd. (NASDAQ: ORBK) following the company's 2Q earnings report. Total revenues grew 3% Q/Q and 4% Y/Y. Management guided to a 3Q16 revenue range of $200M-$208M and gross margin of 45.5%-46%.
Analyst Andrew... More
