Exhibit 99.1

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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

(Unaudited)

	Six months ended June 30,
	2017			2016
Revenues	$	398,312		$	386,407
Cost of revenues		212,572			210,895
Gross profit		185,740			175,512
Operating expenses:
Research and development, net		58,741			52,704
Selling, general and administrative		66,456			61,289
Equity in earnings of Frontline		(2,355	)		(1,677	)
Amortization of intangible assets		12,264			13,135
Total operating expenses		135,106			125,451
Operating income		50,634			50,061
Financial expenses—net		3,573			14,147
Income before taxes on income		47,061			35,914
Taxes on income		7,687			6,714
Share in losses of equity method investee					300
Net income		39,374			28,900
Net loss attributable to non-controlling interests		(576	)		(194	)
Net income attributable to Orbotech Ltd.	$	39,950		$	29,094
Basic earnings per share	$	0.83		$	0.67
Diluted earnings per share	$	0.82		$	0.65
Weighted average number (in thousands) of shares used in computation of:
Basic earnings per share		47,909			43,603
Diluted earnings per share		48,806			44,527