YAVNE, ISRAEL – Orbotech's second-quarter profit grew 52% year-over-year to $18.9 million.
Revenue rose 6% to $153.4 million compared to the same period last year.
“Overall, we are encouraged by the current positive business environment in the electronics industry and believe that we will post a strong second half of 2011," said Rani Cohen, president and CEO.
Orbotech designs and manufactures AOI systems for printed circuit boards.