Nova Measuring Instruments (NVMI) Tops Q4 EPS by 6c

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Nova Reports Fourth Quarter and Full Year 2017 Results

February 13, 2018 4:00 AM EST

REHOVOT, Israel, Feb. 13, 2018 /PRNewswire/ -- Nova (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 fourth quarter and full year 2017, the periods ended December 31, 2017.  

Fourth Quarter 2017 Highlights:

Record quarterly revenue of $57.4 million, up 14% year-over-year, exceeding guidance of $53 to $57 million GAAP net income of $8.2 million, or $0.29 per diluted share, including non-recurring expense of $3.5 million related to tax provision for prior years, meeting guidance of $0.29 to $0.37 per share... More