Orbotech Ltd stated increased expectations for its first-quarter and full-year revenue. Orbotech Ltd trades on the “NASDAQ” under the stock symbol “ORBK”. For More information regarding “ORBK” or the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Orbotech Ltd. (NASDAQ:ORBK) stated on Tuesday that it increased its expectations for their first-quarter and full-year revenue, raising it higher than analyst approximations.
Orbotech Ltd, which is based out of Israel, noted an increasing demand for the last few weeks from customers, and circuit board manufacturers. Orbotech also said many manufacturers of liquid crystal displays have started to strengthen their plans for capital spending.
Now, Orbotech Ltd. expects to release revenue of approximately $103 million for the quarter that ended March 31, and about $460 million to $470 million for its full-year revenue.
(About Orbotech Ltd)
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