Nova Reports Third Quarter 2019 Results

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Nova Measuring Instruments (NVMI) Tops Q3 EPS by 12c, Revenues Beat; Q4 EPS Guidance Above Consensus, Q4 Revenue Mid-Point Above Consensus

November 7, 2019 8:17 AM EST

Nova Measuring Instruments (NASDAQ: NVMI) reported Q3 EPS of $0.40, $0.12 better than the analyst estimate of $0.28. Revenue for the quarter came in at $52.5 million versus the consensus estimate of $50.72 million.

Third Quarter 2019 Highlights:

Quarterly revenue of $52.5 million, meeting guidance of $46 million to $54 millionGAAP net income of $8.6 million, or $0.30 per diluted share, exceeding guidance of $0.11 to$0.24 per... More