Orbotech (ORBK) Issues Q417, Q118 Guidance Above the Street

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Orbotech Announces Preliminary Fourth Quarter and Fiscal Year 2017 Results; Updates 2018 Guidance With Specific Revenue Outlook for the First Half of 2018

January 17, 2018 6:01 AM EST

YAVNE, Israel, Jan. 17, 2018 /PRNewswire/ --

Orbotech LTD. (NASDAQ: ORBK) (the "Company" or "Orbotech"), a leading global supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products, today announced preliminary fourth quarter and fiscal year 2017 results and is updating its full year 2018 guidance with a specific revenue outlook for the first half of 2018.

Preliminary Fourth Quarter and Full Year 2017 Highlights:

Revenue is expected to be approximately $256 million for the fourth quarter, and $900 million for the... More