Orbotech Ltd (ORBK) Tops Q2 EPS by 4c; Guides Q3 Revs In-Line
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
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
