Orbotech Reports First Quarter 2015 Results

 

 

ORBOTECH LTD.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

U.S. dollars in thousands   (except per share data)

 (Unaudited)










3   m o n t h s   e n d e d 


12 months ended



  March   3 1


  December 31



2015


2014


2014









Revenues 

$184,784


$104,793


$582,746


Cost of revenues

101,707


59,136


329,553


Gross profit

83,077


45,657


253,193









Operating expenses: 







Research and development, net

25,779


18,461


88,651


Selling, general and administrative

28,973


19,592


96,169


Equity in earnings of Frontline

(871)


(1,504)


(5,769)


Amortization of intangible assets

8,918


1,010


19,235


SPTS acquisition costs





6,761


Total operating expenses

62,799


37,559


205,047









Operating income

20,278


8,098


48,146


Financial expenses - net

6,471


327


9,046









Income before taxes on income

13,807


7,771


39,100


Taxes on income

1,752


1,350


3,419


Share in losses of equity method investee

100


69


417









Net income

11,955


6,352


35,264


Net income (loss) attributable to 







the non-controlling interests

153


65


(116)









Net income attributable to Orbotech Ltd. 

$11,802


$6,287


$35,380
















Basic earnings per share

$0.28


$0.15


$0.85









Diluted earnings per share

$0.28


$0.15


$0.83
















Weighted average number of shares (in thousands)







used in computation of:







Basic earnings per share

41,961


41,842


41,703


Diluted earnings per share

42,860


42,835


42,757










« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
ICScape: At the Junction of Math & CS, EDA & IP
Peggy AycinenaIP Showcase
by Peggy Aycinena
Arm Momentum: Segars embraces exciting times
More Editorial  
Jobs
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, Germany
REVISED***Director Product Line RF/IC for EDA Careers at San Jose, CA
Upcoming Events
“Empowering Leadership with WIT and WISDOM” at SEMI 673 South Milpitas Blvd. Milpitas CA - Nov 28, 2017
Artificial Intelligence and Convolution Neural Networks Discussion at San Jose State University Student Union Theater San Jose CA - Dec 4, 2017
Silicon Valley's Only Comprehensive Embedded Systems Conference at San Jose Convention Center 150 W. San Carlos St. San Jose CA - Dec 5 - 7, 2017
Oski Technology’s Decoding Formal Club Meeting at The Conference Center San Jose CA - Dec 7, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise