Nova Measuring Instruments (NVMI) Tops Q2 EPS by 5c

Nova Measuring Instruments (NASDAQ: NVMI) reported Q2 EPS of $0.20, $0.05 better than the analyst estimate of $0.15. Revenue for the quarter came in at $40.6 million versus the consensus estimate of $37.09 million.

Nova Measuring Instruments sees Q3 2015 EPS of $0.10-$0.20. Nova Measuring Instruments sees Q3 2015 revenue of $38-42 million.

"We continue to diversify our revenue and customer base by expanding our technologies and creating a comprehensive suite of solutions, which is becoming increasingly attractive to our customers," commented Eitan Oppenhaim, President and CEO of Nova. "Our efforts to differentiate our offering and expand our customer mix are contributing to our growth and improving our financial results, which continue to represent industry leading performance," added Mr. Oppenhaim. "The integration of ReVera continues to go well, and the strategic benefits of this pivotal acquisition have exceeded our expectations. We believe Nova is well positioned today to capture the growing market opportunities that are driven by key industry inflection points, due to our holistic approach and complete suite of products, including optical and x-ray technologies, as well as our advanced software and modeling solutions."

For earnings history and earnings-related data on Nova Measuring Instruments (NVMI) click here.

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