YAVNE, ISRAEL -- Orbotech reported first-quarter net income fell 36% sequentially and 86% year-over-year to $1.6 million.
Revenues for the quarter ended March 31 were $100.2 million, down from 24.8% sequentially 25% from last year.
Orbotech, which makes AOI and LDI systems, said equipment sales to the PCB industry were $48.5 million in the quarter, down from $52.7 million in the fourth quarter and $57.1 million a year ago.
Still, the company is maintaining optimism for a rebound as the year progresses. "After a somewhat slow start to the year, in recent weeks we are seeing significantly improved sales of our PCB equipment," President and chief executive Rani Cohen said.
Orbotech maintained its previous guidance for first half revenues of approximately $200 million and full year revenues of approximately $500 million.
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YAVNE,以色列 - 奥宝科技报告,第一季度的净收入下降了36%和86%,比去年一年为160万美元。
截至3月31日的第一季度的收入为100.2亿美元,下降24.8%,比上一季度的25%,从去年。
奥宝科技AOI和LDI系统,这使得,表示设备销售PCB行业为第一季度的48.5亿美元,从一年前的$52.7亿美元在第四季度,美元和57.1万美元。
尽管如此,该公司维持反弹作为今年的进展表示乐观。 “后有点慢的一年的开始,在最近几周,我们看到我们的PCB设备销售明显改善,主席及行政总裁拉尼·科恩说。”
奥宝保持其先前的指导上半年约200万美元的收入和全年收入约500万美元。