Needham & Company Downgrades Orbotech Ltd. (ORBK) to Hold after Lower Guidance
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Orbotech (ORBK) Cuts FY12 Outlook; Cites PCB Sales Weakness
October 9, 2012 9:31 AM EDTOrbotech Ltd (Nasdaq: ORBK) announced that it is further revising its revenue guidance for 2012 in light of the current economic environment and its effects on the Companys business. The Company expects that revenues levels in the third quarter of 2012 will be approximately $98 million, and for the full year 2012 will be approximately $400 million,... More
