UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of March 2014

Commission File Number 000-12790

ORBOTECH LTD.

(Translation of Registrant’s name into English)

7 SANHEDRIN BOULEVARD,

NORTH INDUSTRIAL ZONE, YAVNE 8110101, ISRAEL

(Address of principal executive offices)

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  x    Form 40-F  ¨

Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Attached hereto and incorporated by reference herein are the following documents:

1. Press release issued by the Registrant on, and dated, February 18, 2014, and entitled “Orbotech Announces Fourth Quarter and Full Year Results for 2013”.

2. Registrant’s Condensed Consolidated Balance Sheets at December 31, 2013.

3. Registrant’s Condensed Consolidated Statements of Income for the year and three month periods ended December 31, 2013.

4. Registrant’s Condensed Consolidated Statements of Cash Flows for the year and three month periods ended December 31, 2013.

5. Registrant’s Reconciliation of GAAP to non-GAAP Results from Continuing Operations for the year and three month periods ended December 31, 2013.

*  *  *  *  *  *

Except as set forth below, the information on this Form 6-K, including the exhibits attached hereto, shall not be deemed ‘filed’ for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.

This report on Form 6-K is incorporated by reference into the Registration Statements on Form S-8 (Registration No. 33-25782, Registration No. 33-78196, Registration No. 333-05440, Registration No. 333-06542, Registration No. 333-08404, Registration No. 333-09342, Registration No. 333-11124, Registration No. 333-12692, Registration No. 333-127979, Registration No. 333-154394 and Registration No. 333-169146) of Orbotech Ltd. previously filed with the Securities and Exchange Commission.

FOR IMMEDIATE RELEASE

ORBOTECH ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR

2013

• 2013 fourth quarter:

• Revenues: increased to $122.2 million

• Gross margin: 44.4%

• GAAP net income: $0.30 per share (diluted)

• Non-GAAP net income: $0.34 per share (diluted)

• Operating cash flow: $12.0 million

• 2013 full year results:

• Revenues: increased to $440.0 million

• Gross margin: improved to 43.5%

• GAAP net income: $0.92 per share (diluted)

• Non-GAAP net income: $1.10 per share (diluted)

• Operating cash flow: $46.0 million

• Q1, 2014 guidance:

• Revenues for Q1, 2014: approximately $105 million

YAVNE, ISRAEL — February 18, 2013 — ORBOTECH LTD. (NASDAQ/GSM SYMBOL: ORBK) today announced its consolidated financial results for the fourth quarter and year ended December 31, 2013.

Revenues for the fourth quarter of 2013 totaled $122.2 million, compared to $113.4 million in the third quarter of 2013 and $97.1 million in the fourth quarter of 2012. GAAP net income for the fourth quarter of 2013 was $12.6 million, or $0.30 per share (diluted), compared to GAAP net income of $11.9 million, or $0.28 per share (diluted), in the third quarter of 2013 and a GAAP net loss of $0.7 million, or $0.02 per share, in the fourth quarter of 2012.

Commenting on the results, Asher Levy, Chief Executive Officer, said: “We are pleased to report a strong 2013 in which we posted robust revenues and much improved gross, operating and net margins. These reflected improving business conditions as well as the operational efficiency measures that we adopted at the end of 2012 and we were able to capitalize on opportunities in PCB and electronic components manufacturing. Our FPD business picked up strongly during the year and we expect this trend to continue in 2014 as our customers solidify their future investment plans, particularly in China. We remain optimistic regarding the outlook for 2014, when we expect to further grow our business and strengthen our position as the leading provider of production solutions to the electronics industry.”

Revenues for the year ended December 31, 2013 totaled $440.0 million, compared to $387.0 million in 2012. GAAP net income for the year ended December 31, 2013 was $40.0 million, or $0.92 per share (diluted), compared to a GAAP net loss of $45.6 million, or $1.05 per share (diluted), in 2012.

Non-GAAP net income from continuing operations for the fourth quarter of 2013 was $14.6 million, or $0.34 per share (diluted), compared to non-GAAP net income from continuing operations of $4.0 million, or $0.09 per share (diluted), in the fourth quarter of 2012.

Non-GAAP net income from continuing operations for the year ended December 31, 2013 was $47.5 million, or $1.10 per share (diluted), compared to non-GAAP net income from continuing operations of $2.3 million, or $0.05 per share, for the year ended December 31, 2012. A reconciliation of each of the Company’s non-GAAP measures to the comparable GAAP measure is included at the end of this press release.

1

In the Company’s Production Solutions for Electronics Industry segment, sales of equipment to the printed circuit board (“PCB”) industry were $45.3 million in the fourth quarter of 2013, compared to $45.5 million in the third quarter of 2013, and $40.6 million in the fourth quarter of 2012. Sales of equipment to the flat panel display (“FPD”) industry were $37.2 million in the fourth quarter of 2013, compared to $26.5 million in the third quarter of 2013, and $17.7 million in the fourth quarter of last year. In the Company’s Recognition Software segment, sales were $1.7 million in the fourth quarter of 2013, compared to $2.3 million in the third quarter of 2013, and $2.4 million in the fourth quarter of 2012. In addition, service revenue for the fourth quarter of 2013 was $38.0 million, compared to $39.1 million in the third quarter of 2013, and $36.4 million in the fourth quarter of 2012.

The Company completed the quarter with cash, cash equivalents, short-term bank deposits and marketable securities of $218.2 million. The Company generated cash of $12 million from continuing operations in the fourth quarter of 2013 and $46 million in the year ending December 31, 2013.

Under the share repurchase program approved in November 2012 and which terminated on December 31, 2013, the Company repurchased approximately 2.45 million of its Ordinary Shares, at a total cost of approximately $27.7 million.

The Company expects that revenues for the first quarter of 2014, which it anticipates will be the lowest quarter for the year, will be approximately $105 million.

As previously disclosed, in December 2013 the Company’s Korean subsidiary and five of its Korean employees were acquitted by the Seoul Central District Court of the Republic of Korea court on all charges in the criminal proceeding against them, and one Korean employee was found guilty of certain legal violations and received a criminal fine of approximately $10,000. Following such acquittal, the prosecutor filed a notice of appeal with respect to all aspects of the decision issued by the court. The prosecutor is appealing the court’s decision with respect to all the defendants on the grounds that the court’s decision contains errors of fact, errors of law and an unjust sentence. The employee of Orbotech Ltd.’s Korean subsidiary who was found guilty of certain legal violations and who received a criminal fine has also filed a notice of appeal of the court’s decision issued in respect of him.

Due to the elimination of the proportionate method of consolidation for joint ventures under applicable Israeli GAAP, which became effective on January 1, 2013, commencing from the first quarter of 2013 Orbotech Ltd. began to account for its 50% interest in the Frontline P.C.B. Solutions Limited Partnership (“Frontline”), the joint venture owned equally by Orbotech Ltd. and Mentor Graphics Development Services (Israel) Ltd.) with respect to computer-aided manufacturing and engineering solutions for PCB production, using the equity method. As a result, the Company now reports its investment in Frontline as a one line item within investments and other non-current assets in the Company’s consolidated balance sheets; and its share of earnings on one line in its consolidated statement of operations. This presentation has been applied in the Company’s financial statements for all prior periods for consistency. The Company’s share in the earnings of Frontline was presented under operating income since Frontline is integrated into the operations of the Company.

An earnings conference call for the Company’s fourth quarter 2013 results is scheduled for Tuesday, February 18, 2014, at 9:00 a.m. EST. The dial-in number for the conference call is 517-308-9494, and a replay will be available on telephone number 402-220-3075 until March 4, 2014. The pass code is Q4. A live web cast of the conference call and a replay can also be heard by accessing the investor relations section on the Company’s website at www.orbotech.com.

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About Orbotech Ltd.

Orbotech Ltd. (NASDAQ/GSM: ORBK) has been at the cutting edge of the electronics industry supply chain, as an innovator of enabling technologies used in the manufacture of the world’s most sophisticated consumer and industrial products, for over 30 years. The Company is a leading provider of yield-enhancing and production solutions, primarily for manufacturers of printed circuit boards, flat panel displays and other electronic components. Today, virtually every electronic device is produced using Orbotech technology. The Company also applies its core expertise and resources in other advanced technology areas, including character recognition for check and forms processing and solar photovoltaic manufacturing. Headquartered in Israel and operating from multiple locations internationally, Orbotech’s highly talented and inter-disciplinary professionals design, manufacture, sell and service the Company’s end-to-end portfolio of solutions for the benefit of customers the world over. For more information please see the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) at www.sec.gov. and visit the Company’s corporate website at www.orbotech.com. The corporate website is not incorporated herein by reference and is included as an inactive textual reference only.

Cautionary Statement Regarding Forward-Looking Statements

Except for historical information, the matters discussed in this press release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, future prospects, developments and business strategies and involve certain risks and uncertainties. The words “anticipate,” “believe,” “could,” “will,” “plan,” “expect” and “would” and similar terms and phrases, including references to assumptions, have been used in this press release to identify forward-looking statements. These forward-looking statements are made based on management’s expectations and beliefs concerning future events affecting Orbotech and are subject to uncertainties and factors relating to its operations and business environment, all of which are difficult to predict and many of which are beyond the Company’s control. Many factors could cause the actual results to differ materially from those projected including, without limitation, the timing, terms and success of any strategic transaction, the final outcome and impact of the criminal matter and ongoing investigation in Korea, including its impact on existing or future business opportunities in Korea and elsewhere, any civil actions related to the Korean Matter brought by third parties, including the Company’s customers, which may result in monetary judgments or settlements, expenses associated with the Korean Matter, cyclicality in the industries in which the Company operates, the Company’s production capacity, timing and occurrence of product acceptance, fluctuations in product mix, worldwide economic conditions generally, especially in the industries in which the Company operates, the timing and strength of product and service offerings by the Company and its competitors, changes in business or pricing strategies, changes in the prevailing political and regulatory framework in which the relevant parties operate or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis, the level of consumer demand for sophisticated devices such as smartphones, tablets and other electronic devices and other risks detailed in the Company’s SEC reports, including the Company’s Annual Report on Form 20-F for the year ended December 31, 2012, and subsequent SEC filings. The Company assumes no obligation to update the information in this press release to reflect new information, future events or otherwise, except as required by law.

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ORBOTECH LTD.

CONDENSED CONSOLIDATED BALANCE SHEETS

AT DECEMBER 31, 2013

	December 31 2013			December 31 2012*
	U. S. dollars in thousands
Assets
CURRENT ASSETS:
Cash and cash equivalents		161,155			256,663
Short-term bank deposits		38,650			3,014
Marketable securities		5,265			2,238
Accounts receivable:
Trade		198,203			164,482
Other		31,546			29,836
Deferred income taxes		8,094			7,862
Inventories		93,938			93,854
Total current assets		536,851			557,949
INVESTMENTS AND NON-CURRENT ASSETS:
Marketable securities		13,106			12,788
Funds in respect of employee rights upon retirement		11,024			10,598
Deferred income taxes		15,130			13,634
Equity method investees and other receivables		9,911			7,592
		49,171			44,612
PROPERTY, PLANT AND EQUIPMENT, net		27,715			24,559
GOODWILL		12,444			12,444
OTHER INTANGIBLE ASSETS, net		10,401			14,442
		636,582			654,006
Liabilities and equity
CURRENT LIABILITIES:
Current maturities of long-term bank loan					64,000
Accounts payable and accruals:
Trade		43,663			32,286
Other		55,482			48,884
Deferred income		24,854			17,388
Total current liabilities		123,999			162,558
LONG-TERM LIABILITIES:
Liability for employee rights upon retirement		25,845			25,221
Deferred income taxes		2,406			2,236
Other tax liabilities		17,178			16,478
Total long-term liabilities		45,429			43,935
Total liabilities		169,428			206,493
EQUITY:
Share capital		2,124			2,102
Additional paid-in capital		281,159			274,856
Retained earnings		268,570			228,569
Accumulated other comprehensive income		409			628
		552,262			506,155
Less treasury shares, at cost		(84,946	)		(59,151	)
Total Orbotech Ltd. shareholders’ equity		467,316			447,004
Non-controlling interest		(162	)		509
Total equity		467,154			447,513
		636,582			654,006

* Applying Equity Based Method to 50% interest in the Frontline P.C.B. Solutions Limited Partnership

4

ORBOTECH LTD.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

FOR THE YEAR AND THREE MONTH PERIODS ENDED DECEMBER 31, 2013

	12 months ended December 31						3 months ended December 31
	2013			2012*			2013			2012*
	U.S. dollars in thousands (except per share data)
REVENUES		439,995			387,008			122,235			97,125
COST OF REVENUES		248,455			233,447			67,948			60,491
WRITE-DOWN OF INVENTORIES					14,255
GROSS PROFIT		191,540			139,306			54,287			36,634
RESEARCH AND DEVELOPMENT COSTS - net		69,573			68,703			18,601			16,967
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		75,948			73,051			22,172			17,467
EQUITY IN EARNINGS OF FRONTLINE		(5,553	)		(6,764	)		(1,584	)		(1,408	)
AMORTIZATION OF INTANGIBLE ASSETS		4,041			9,907			1,011			991
RESTRUCTURING CHARGES					5,063						3,145
IMPAIRMENT OF INTANGIBLE ASSETS					30,142						162
OPERATING INCOME (LOSS)		47,531			(40,796	)		14,087			(690	)
FINANCIAL EXPENSES (INCOME) - net		1,191			5,120			139			(128	)
INCOME (LOSS) FROM OPERATIONS BEFORE TAXES ON INCOME		46,340			(45,916	)		13,948			(562	)
TAXES ON INCOME		6,927			456			1,493			234
		39,413			(46,372	)		12,455			(796	)
SHARE IN LOSSES OF EQUITY METHOD INVESTEE		252			165			69			50
NET INCOME (LOSS)		39,161			(46,537	)		12,386			(846	)
NET LOSS ATTRIBUTABLE TO THE NON-CONTROLLING INTEREST		(840	)		(958	)		(228	)		(112	)
NET INCOME (LOSS) ATTRIBUTABLE TO ORBOTECH LTD.		40,001			(45,579	)		12,614			(734	)
EARNINGS PER SHARE:
INCOME (LOSS) FROM OPERATIONS:
BASIC	$	0.94		($	1.05	)	$	0.30		($	0.02	)
DILUTED	$	0.92		($	1.05	)	$	0.30		($	0.02	)
WEIGHTED AVERAGE NUMBER OF SHARES USED IN COMPUTATION OF EARNINGS PER SHARE - IN THOUSANDS:
BASIC		42,571			43,501			41,858			43,537
DILUTED		43,253			43,501			42,692			43,537

* Applying Equity Based Method to 50% interest in the Frontline P.C.B. Solutions Limited Partnership

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ORBOTECH LTD.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEAR AND THREE MONTH PERIODS ENDED DECEMBER 31, 2013

	12 months ended December 31						3 months ended December 31
	2013			2012*			2013			2012*
	U.S. dollars in thousands
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)		39,161			(46,537	)		12,386			(846	)
Adjustment to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		13,261			17,919			3,546			3,229
Impairment of Intangible assets					30,142						162
Compensation relating to equity awards granted to employees and others - net		3,182			3,070			869			784
Increase (decrease) in liability for employee rights upon retirement		624			(640	)		64			(1,370	)
Deferred income taxes		(1,558	)		(5,440	)		171			(1,770	)
Non-cash expenses in respect of restructuring					601
Amortization of premium and accretion of discount on marketable Securities, net		554			588			242			588
Equity in earnings of Frontline, net of dividend received		446			(1,232	)		(285	)		178
Other		268			1,498			(137	)		390
Decrease (increase) in accounts receivable:
Trade		(33,721	)		31,725			(13,931	)		14,945
Other		(2,954	)		(2,708	)		65			(845	)
Increase (decrease) in accounts payable and accruals:
Trade		11,377			(4,780	)		6,436			(7,135	)
Deferred income and other		15,511			(14,688	)		3,531			483
Decrease (increase) in inventories		(190	)		11,925			(1,001	)		4,351
Net cash provided by operating activities		45,961			21,443			11,956			13,144
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment		(12,978	)		(9,484	)		(2,772	)		(3,009	)
Withdraw (placement) of bank deposits		(35,636	)		142,278			4,363			26,694
Purchase of marketable securities		(9,936	)		(18,167	)		(7,760	)		(1,520	)
Redemption of marketable securities		6,037			2,553			4,377			841
Investment in equity method investee		(2,250	)
Proceeds from disposal of property, plant and equipment		39			3,034			39			3,034
Increase in funds in respect of employee rights upon retirement		(262	)		(254	)		(76	)		(65	)
Net cash provided by (used in) investing activities		(54,986	)		119,960			(1,829	)		25,975
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of long-term bank loan		(64,000	)		(32,000	)		(8,000	)		(8,000	)
Employee stock options exercised		3,312			719			1,176			57
Acquisition of treasury shares		(25,795	)		(1,959	)		(4,965	)		(1,959	)
Net cash used in financing activities		(86,483	)		(33,240	)		(11,789	)		(9,902	)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(95,508	)		108,163			(1,662	)		29,217
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		256,663			148,500			162,816			227,446
CASH AND CASH EQUIVALENTS AT END OF PERIOD		161,155			256,663			161,154			256,663

* Applying Equity Based Method to 50% interest in the Frontline P.C.B. Solutions Limited Partnership

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ORBOTECH LTD.

RECONCILIATION OF GAAP TO NON-GAAP RESULTS FROM CONTINUING OPERATIONS

FOR THE YEAR AND THREE MONTH PERIODS ENDED DECEMBER 31, 2013

	12 months ended December 31					3 months ended December 31
	2013		2012*			2013		2012*
	U.S. dollars in thousands (except per share data)
Reported operating income (loss) on GAAP basis		47,531		(40,796	)		14,087		(690	)
Equity based compensation expenses		3,182		3,070			873		840
Restructuring charges				5,063					3,145
Impairment of Intangible assets				30,142					162
Amortization of intangible assets		4,041		9,907			1,011		991
Non-GAAP operating income		54,754		7,386			15,971		4,448
Reported net income (loss) attributable to Orbotech Ltd. on GAAP basis		40,001		(45,579	)		12,614		(734	)
Equity based compensation expenses		3,182		3,070			873		840
Amortization of intangible assets		4,041		9,907			1,011		991
Restructuring charges, net of tax credit				4,593					2,675
Impairment of Intangible assets				30,142					162
Share in losses of equity method investee		252		165			69		50
Non-GAAP net income from operations		47,476		2,298			14,567		3,984
Non-GAAP earnings per diluted share	$	1.10	$	0.05		$	0.34	$	0.09
Shares used in earnings per diluted share calculation-in thousands		43,253		44,071			42,692		44,107

* Applying Equity Based Method to 50% interest in the Frontline P.C.B. Solutions Limited Partnership

7

Non-GAAP Financial Measures

Non-GAAP net income, non-GAAP net income from continuing operations and non-GAAP net income from continuing operations per share detailed in the Reconciliation exclude charges, income or losses, as applicable, related to one or more of the following: (i) equity-based compensation expenses; (ii) certain items associated with acquisitions, including amortization and impairment of intangibles; (iii) discontinued operations; (iv) restructuring charges; and/or (v) share in losses of associated company. Management uses these non-GAAP measures to evaluate the Company’s operating and financial performance in light of business objectives and for planning purposes. These measures are not in accordance with GAAP and may differ from non-GAAP methods of accounting and reporting used by other companies. Orbotech believes that these measures enhance investors’ ability to review the Company’s business from the same perspective as the Company’s management and facilitate comparisons with results for prior periods. The presentation of this additional non-GAAP information should not be considered in isolation or as a substitute for net income; net income attributable to Orbotech Ltd. or earnings per share prepared in accordance with GAAP, and should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP. The reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures are set forth below. For a detailed explanation of the adjustments made to comparable GAAP measures, please see the Reconciliation.

To supplement the Company’s financial results presented on a GAAP basis, the Company uses the non-GAAP measures indicated in the Reconciliation, which exclude equity based compensation expenses, amortization of intangible assets, in-process research and development charges, share in losses/profits of associated companies and impairment and restructuring charges, as well as certain financial expenses and non-recurring income items that are believed to be helpful in understanding and comparing past operating and financial performance with current results. However, the non-GAAP measures presented are subject to limitations as an analytical tool because they exclude certain recurring items (such as equity compensation and amortization of intangible assets) as described below and because they do not reflect certain cash expenditures that are required to operate the Company’s business, such as interest expense and taxes. Accordingly, these non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP. Management regularly utilizes supplemental non-GAAP financial measures internally to understand, manage and evaluate the Company’s business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods.

The effect of equity-based compensation expenses has been excluded from the non-GAAP measures. Although equity-based compensation is a key incentive offered to employees, and the Company believes such compensation contributed to the revenues earned during the periods presented and also believes it will contribute to the generation of future period revenues, the Company continues to evaluate its business performance excluding equity based compensation expenses. Equity-based compensation expenses will recur in future periods.

The effects of amortization of intangible assets have also been excluded from the measures. This item is inconsistent in amount and frequency and is significantly affected by the timing and size of acquisitions. Investors should note that the use of intangible assets contributed to revenues earned during the periods presented and will contribute to future period revenues as well. Amortization of intangible assets will recur in future periods and the Company may be required to record additional impairment charges in the future. The Company believes that it is useful for investors to understand the effects of these items on total operating expenses. For more information about these items, see the Reconciliation and the Company’s Annual Report on Form 20-F filed with the SEC for the year ended December 31, 2012.

COMPANY CONTACTS:
Adrian Auman	Michelle Harnish
Corporate Vice President Investor Relations and Special Projects	Marketing Communications Manager Orbotech, Inc.
Orbotech Ltd.	+1-603-289-7937
+972-8-942-3560

8

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ORBOTECH LTD.

(Registrant)

By:	/s/ Doron Abramovitch
	Doron Abramovitch
	Corporate Vice President and
	Chief Financial Officer

Date: March 3, 2014