Nova Measuring Instruments (NVMI) Tops Q1 EPS by 3c; Issues Light Q2 Outlook

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Nova Reports First Quarter 2016 Financial Results

May 4, 2016 5:45 AM EDT

REHOVOT, Israel, May 4, 2016 /PRNewswire/ -- Nova Measuring Instruments (Nasdaq: NVMI), a leading innovator and a key provider of metrology solutions for advanced process control used in semiconductor manufacturing, today reported financial results for the first quarter of 2016, the period ended March 31, 2016.

First Quarter 2016 Highlights:

Revenues of $34.1 million, within guidance ($33-37 million) Non-GAAP net income of $4.5 million, or $0.16 per diluted share, at the high end of the guidance ($0.10-$0.17 per diluted share) Diversified customer mix yielded four customers contributing more than 10% each to... More

Nova Receives Over $20 Million in Orders From Several Foundry Customers

May 4, 2016 5:40 AM EDT

REHOVOT, Israel, May 4, 2016 /PRNewswire/ --

Nova Measuring Instruments (Nasdaq: NVMI), a leading innovator and key provider of metrology solutions for advanced process control used in semiconductor manufacturing, announced today that several foundry customers recently placed orders exceeding $20 million in aggregate for its Optical CD and X-Ray metrology solutions.

The orders were received during the last five weeks and include Nova's integrated and stand-alone optical metrology toolset combined with NovaMARS advanced modeling solution, and Nova's advanced X-Ray metrology solution, which combine X-Ray Photoelectron Spectroscopy (XPS) and... More