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Orbotech Ltd Lowers FY 2012 Revenue Guidance; Issues Q3 2012 Revenue Guidance Below Analysts' Estimates


Tuesday, 9 Oct 2012 09:30am EDT 

Orbotech Ltd announced that it is further revising its revenue guidance for fiscal 2012, in light of the current economic environment and its effects on the Company's business. The Company expects that revenues levels in the third quarter of 2012 to be approximately $98 million, and for fiscal 2012 revenue to be approximately $400 million, revised from the previously announced range of $430 - $450 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $117.90 million for the third quarter of 2012 and revenue of $455 million for fiscal 2012. 

Company Quote

15.16
0.11 +0.73%
17 Apr 2014