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Orbotech Ltd (ORBK.OQ)

ORBK.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

KLA-Tencor Says German Federal Cartel Office Provided Antitrust Clearance For Proposed Merger With Orbotech
Saturday, 12 May 2018 

May 11 (Reuters) - KLA-Tencor Corp ::KLA-TENCOR - ON MAY 9, 2018, GERMAN FEDERAL CARTEL OFFICE PROVIDED ANTITRUST CLEARANCE FOR PROPOSED MERGER WITH ORBOTECH - SEC FILING.  Full Article

Orbotech Says Sees Q4 Revenue About $256 Million
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Orbotech Ltd ::ORBOTECH ANNOUNCES PRELIMINARY FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS; UPDATES 2018 GUIDANCE WITH SPECIFIC REVENUE OUTLOOK FOR THE FIRST HALF OF 2018.SEES Q4 REVENUE ABOUT $256 MILLION.GROSS MARGIN IS EXPECTED TO BE IN RANGE OF 47%-47.5% IN Q4 AND FOR FULL YEAR OF 2017.REVENUES FOR FIRST HALF OF 2018 ARE EXPECTED TO BE APPROXIMATELY $500 MILLION WITH APPROXIMATELY $235 MILLION - $250 MILLION IN Q1.GROSS MARGIN FOR FIRST HALF OF 2018 IS EXPECTED TO BE IN RANGE OF 47.5%-48.0%.Q4 REVENUE VIEW $250.2 MILLION -- THOMSON REUTERS I/B/E/S.Q1 2018 REVENUE VIEW $223.5 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Orbotech Announces Appointment Of New Chief Financial Officer
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Orbotech Ltd ::ORBOTECH ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER.ORBOTECH LTD - BOARD HAS NAMED ALON ROZNER AS ORBOTECH'S NEW CORPORATE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, REPLACING RAN BAREKET.ORBOTECH LTD SAYS RAN BAREKET IS LEAVING COMPANY FOR PERSONAL REASONS.ORBOTECH LTD - BAREKET WILL REMAIN AVAILABLE TO COMPANY UNTIL FEBRUARY 28, 2018.  Full Article

Orbotech receives multi-million dollar order from Career Technology for pattern
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Orbotech Ltd ::ORBOTECH RECEIVES MULTI-MILLION DOLLAR ORDER FROM CAREER TECHNOLOGY FOR PATTERN AND SOLDER MASK DIRECT IMAGING SOLUTIONS FOR FLEXIBLE PCB PRODUCTION.ORBOTECH LTD - MULTI-MILLION DOLLAR ORDER FROM TAIPEI-BASED CAREER TECHNOLOGY (MFG.) CO., LTD. FOR ADVANCED ELECTRONIC DEVICES.  Full Article

Orbotech says ‍under 2020 financial model, revenues planned to exceed $1.25 bln​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Orbotech Ltd :Orbotech Ltd - ‍Under 2020 financial model, revenues planned to exceed $1.25 billion by 2020, with gross margins of 50%, research and development investment of 12%-14%​.Orbotech Ltd - Under 2020 financial model,​ co targets ‍adjusted EBITDA margin of 27%-29% and non-GAAP net income margin of 21%-23%.  Full Article

Orbotech Q3 non-GAAP earnings per share $0.91
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Orbotech Ltd :Orbotech reports third quarter 2017 results.Q3 non-GAAP earnings per share $0.91.Q3 GAAP earnings per share $0.75.Q3 revenue $245.7 million versus I/B/E/S view $234.2 million.Q3 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.Sees Q4 2017 revenue $245 million to $255 million.Orbotech Ltd sees ‍Q4 gross margin of approximately 48.0% based on current expectations of product mix​.Q4 revenue view $235.3 million -- Thomson Reuters I/B/E/S.  Full Article

Orbotech Q2 non-GAAP earnings of $0.60/share
Wednesday, 3 Aug 2016 

Orbotech Ltd: Q2 GAAP earnings per share $0.30 . Sees Q3 2016 revenue $200 million to $208 million . Sees Q3 gross margin to be 45.5%-46.0% . Q2 earnings per share view $0.56, revenue view $195.2 million -- Thomson Reuters I/B/E/S . Q2 non-GAAP earnings per share $0.60 . Q2 revenue $196 million versus $189 million .Q3 revenue view $206.2 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-KLA-Tencor Says German Federal Cartel Office Provided Antitrust Clearance For Proposed Merger With Orbotech

* KLA-TENCOR - ON MAY 9, 2018, GERMAN FEDERAL CARTEL OFFICE PROVIDED ANTITRUST CLEARANCE FOR PROPOSED MERGER WITH ORBOTECH - SEC FILING Source text: (https://bit.ly/2KRZtwK) Further company coverage: