Nova Measuring Instruments (NVMI) Tops Q2 EPS by 6c; Guides Q3 EPS Above Views

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Go back to Nova Measuring Instruments (NVMI) Tops Q2 EPS by 6c; Guides Q3 EPS Above Views

Nova Reports Second Quarter 2016 Financial Results

August 3, 2016 4:51 AM EDT

REHOVOT, Israel, Aug. 3, 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 second quarter of 2016, the period ended June 30, 2016.

Second Quarter 2016 Highlights:

Revenues grew sequentially to $35.6 million, within guidance GAAP net income of $3.2 million, or $0.11 per diluted share, within guidance Non-GAAP net income of $4.7 million, or $0.17 per diluted share, exceeding guidance Multiple competitive wins yield record quarterly Optical CD bookings... More