Nova Measuring Instruments (NVMI) Tops Q1 EPS by 9c; Guides Q2 EPS Below Views

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Nova Reports First Quarter 2015 Financial Results

May 12, 2015 4:01 PM EDT

REHOVOT, Israel, May 12, 2015 /PRNewswire/ -- Nova Measuring Instruments Ltd. (NASDAQ: NVMI), a leading innovator and a key provider of metrology solutions for advanced process control used in semiconductor manufacturing, today reported its 2015 first quarter results.

Quarterly Highlights:

Revenues of $27.5 million, exceeding top end of guidance, up 6% sequentially Non-GAAP net income of $4.0 million, or $0.15 per diluted share, significantly exceeding top end of guidance, up 79% sequentially Completed the acquisition of ReVera, a leading provider of advanced X-Ray metrology solutions. ReVera's results will be consolidated into Nova's... More