Brief: Orbotech Reports Q1 Non-GAAP Earnings Per Share Of $0.83

Career Technology MFG

08/05/2018 11:49

May 8 (Reuters) - Orbotech Ltd  ORBK.O :
    * ORBOTECH REPORTS FIRST QUARTER 2018 RESULTS
    * Q1 NON-GAAP EARNINGS PER SHARE $0.83
    * Q1 GAAP EARNINGS PER SHARE $0.61
    * SEES Q2 2018 REVENUE $250 MILLION TO $265 MILLION
    * Q1 REVENUE $250.6 MILLION VERSUS I/B/E/S VIEW $242.8
MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.75 -- THOMSON REUTERS
I/B/E/S
    * HAS RECEIVED ORDERS TOTALING APPROXIMATELY $50 MILLION
FROM
TAIPEI-BASED CAREER TECHNOLOGY
    * SAYS COMPANY IS WITHDRAWING FINANCIAL GUIDANCE PROVIDED
WITH
RESPECT TO 2018 AND BEYOND FOR ALL FINANCIAL METRICS AND PERIODS
PRESENTED.
    * CAREER ORDER DELIVERY SCHEDULED TO BEGIN DURING Q2 2018
AND TO
BE COMPLETED BY END OF 2018
    * IN LIGHT OF PENDING ACQUISITION BY KLA-TENCOR CORPORATION,
CO
WILL NOT PROVIDE GUIDANCE OTHER THAN WITH RESPECT TO QTRLY
REVENUES
    * Q2 REVENUE VIEW $257.4 MILLION -- THOMSON REUTERS I/B/E/S

Source text for Eikon:  ID:nPn546XVQa 
Further company coverage:  ORBK.O 

 ((Reuters.Briefs@thomsonreuters.com;))