Nova Measuring Instruments (NVMI) Tops Q4 EPS by 17c

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Nova Reports Fourth Quarter and Record Full Year 2018 Results

February 13, 2019 8:01 AM EST

REHOVOT, Israel, Feb. 13, 2019 /PRNewswire/ -- Nova (NASDAQ: NVMI) today announced financial results for the fourth quarter and full year 2018.

Fourth Quarter 2018 Highlights:

Revenue of $63.1 million, up 10% year-over-year, at the high end of company guidance Record GAAP net income of $15.2 million, or $0.53 per diluted share, exceeding guidance of $0.28 to $0.40 per share Record Non-GAAP net income of $16.9 million, or $0.59 per diluted share, exceeding guidance of $0.35 to $0.46 per share Four customers contributed more than 10% each to total product revenue, including the world's leading Foundry and the three largest... More