Nova Measuring: Q3 Earnings Insights

Shares of Nova Measuring NVMI were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 42.50% year over year to $0.57, which beat the estimate of $0.47.

Revenue of $69,485,000 higher by 32.33% year over year, which beat the estimate of $65,420,000.

Guidance

Q4 EPS expected to be between $0.45 and $0.56.

Q4 revenue expected to be between $66,000,000 and $73,000,000.

Conference Call Details

Date: Nov 12, 2020

Time: 09:00 AM

ET Webcast URL: https://www.novami.com/Events/nova-to-report-third-quarter-financial-results-on-november-12th-2020/?rel=investors

Recent Stock Performance

52-week high: $65.00

Company's 52-week low was at $25.70

Price action over last quarter: Up 8.13%

Company Profile

Nova Measuring Instruments Ltd is an Israel-based semiconductor equipment manufacturer. The company provides metrology solutions for advanced process control used in semiconductor manufacturing. The company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of NovaScan 2040, NovaScan 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates most of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, Singapore, China, United States, Japan, and Europe.