Nova Measuring Instruments (NVMI) Tops Q3 EPS by 8c

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Nova Reports Record Revenue for 2018 Third Quarter

November 1, 2018 7:00 AM EDT

REHOVOT, Israel, Nov. 1, 2018 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the third quarter 2018, the period ended September 30, 2018.

Third Quarter 2018 Highlights:

Record quarterly revenue of $63.6 million, including record revenue from Memory customers, at the high end of company guidance GAAP net income of $13.3 million, or $046 per diluted share, exceeding guidance of $0.32 to $0.44 per share Non-GAAP net income of $15.1 million, or $0.52 per diluted share, exceeding guidance of $0.37 to $0.49 per share Memory customers generated 65% of overall product revenue Five large... More