Key Developments: Orbotech Ltd (ORBK.O)
11.60USD
24 May 2013
$0.10 (+0.87%)
$11.50
$11.39
$11.63
$11.39
49,430
55,622
$11.85
$6.43
Latest Key Developments (Source: Significant Developments)
Orbotech Ltd Reiterates Q2 2013 Revenue Guidance-Conference Call
Orbotech Ltd reiterated the guidance of approximately $105 million in revenues for the second quarter of 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $103 million for second quarter of 2013. Full Article
Orbotech Ltd Secures $18 Million Frame Agreements From Two PCB Makers
Orbotech Ltd announced that it has signed frame agreements, totaling approximately $18 million in value, with two printed circuit board (PCB) makers in Taiwan and China for the mass production of high density interconnect PCBs. These orders, which are expected to include multiple Paragon laser direct imaging (LDI) and automated optical inspection systems, as well as related digital production tools, reflect an increasing level of capital investment by PCB customers in the up-to-date Orbotech technology used in the manufacture of advanced PCBs for sophisticated electronic devices. Full Article
Orbotech Ltd Issues Q1 2013 Revenue Guidance Below Analysts' Estimates
Orbotech Ltd announced that for first quarter of 2013, it expects it expects revenue to be the lowest quarter for the year, to be approximately $93-$94 million, or about $90 million under the new accounting treatment in connection with Frontline. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $96 million for first quarter of 2013. Full Article
Orbotech Ltd Wins Bids At $40 Million From LCD Panel Maker In China
Orbotech Ltd announced that it has won bids for flat panel display (FPD) related equipment, totaling approximately $40 million in value, from one of the liquid crystal display panel manufacturers in China. Most of this equipment is expected to be delivered during 2013. The systems, which include several of Orbotech’s latest generation automated optical inspection and array tester models, will be utilized in the fabrication of mobile devices and large screen televisions. Full Article
Orbotech Ltd Issues Q4 2012 Charge Guidance-Conference Call
Orbotech Ltd announced that for the fourth quarter of 2012, it expects restructuring charge of approximately $4.0 million. Full Article
Orbotech Ltd Lowers FY 2012 Revenue Guidance; Issues Q3 2012 Revenue Guidance Below Analysts' Estimates
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. Full Article
Orbotech Ltd Receives Multiple Orders from Leading Touch Screen Makers for Laser Direct Imaging Systems
Orbotech Ltd announced the receipt of multiple orders from the touch screen manufacturers in Asia Pacific, including Taiwan, China and Korea, for its Orbotech LDI 150 laser direct imaging (LDI) system. Full Article
Orbotech Ltd. Reaffirms FY 2012 Revenue Guidance
Orbotech Ltd. announced that the Company is reiterating its fiscal 2012 revenue guidance of approximately $430-$450 million. Full Article
Orbotech Ltd. Issues FY 2011 Guidance
Orbotech Ltd. announced that for fiscal 2011, it expects revenues to be approximately $570 million, non-GAAP earnings to be in the range of $1.74-$1.78 per share (EPS) (diluted) and GAAP earnings to be in the range of $1.36-$1.40 per share (diluted). According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $575 million for fiscal 2011. Full Article
Orbotech Ltd.'s Subsidiary Announces Acquisition
Orbotech Ltd. announced that its subsidiary, Orbograph Ltd., has acquired the assets of Correct Claims Now (CCN) LLC, a privately held company that provides services in the field of Healthcare Revenue Cycle Management. Terms and conditions of the deal were not disclosed. Full Article
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