Orbotech Ltd (ORBK) Misses Q4 EPS by 7c

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Orbotech Reports Fourth Quarter and Full Year 2016 Results

February 8, 2017 6:00 AM EST

YAVNE, Israel, Feb. 8, 2017 /PRNewswire/ --

2016 fourth quarter highlights

Record revenues of $215 million Gross margin of 46.8% GAAP net income margin of 11.9%; adjusted EBITDA margin of 23.2% Cash flow from operations of $49 million GAAP EPS of $0.53 (diluted); non-GAAP EPS of $0.70 (diluted) GAAP and non-GAAP EPS include the negative impact of $4.8 million related to currency translation and hedging loss

2016 full year highlights compared with 2015 full year

Revenues of $806 million, up 7% compared with $753 million Gross margin of... More