January 17, 2018 / 11:27 AM / 9 months ago

BRIEF-Orbotech Says Sees Q4 Revenue About $256 Million

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 Source text for Eikon: Further company coverage:

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