Orbotech Ltd. (ORBK) PT Raised to $40 at Needham & Company
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Orbotech Reports Second Quarter 2017 Results
August 2, 2017 6:00 AM EDTYAVNE, Israel, Aug. 2, 2017 /PRNewswire/ --
2017 second quarter highlights
Revenues of $210.7 million Gross margin of 46.8% GAAP EPS of $0.51 (diluted); non-GAAP EPS of $0.67 (diluted) Record quarterly bookings2017 second half guidance
Revenue range: $460 million to $480 million, split about evenly between the third and the fourth quarters of 2017 Gross margin range 47.0%-47.5% based on current expectations of product mix