Nova Measuring Instruments (NVMI) Tops Q4 EPS by 5c, Revenues Beat; Provides Q1 EPS/Revenue Mid-Point Guidance Below Consensus

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Go back to Nova Measuring Instruments (NVMI) Tops Q4 EPS by 5c, Revenues Beat; Provides Q1 EPS/Revenue Mid-Point Guidance Below Consensus

Nova Reports Fourth Quarter and Full Year 2019 Results

February 13, 2020 8:00 AM EST

REHOVOT, Israel, Feb. 13, 2020 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the fourth quarter and full year 2019.

Fourth Quarter 2019 Highlights:

Quarterly revenue of $64.6 million, exceeding guidance of $56 million to $62 million. GAAP net income of $12.4 million, or $0.43 per diluted share, exceeding guidance of $0.32 to $0.42 per share. Non-GAAP net income of $14.6 million, or $0.51 per diluted share, exceeding guidance of $0.40 to $0.50 per share. Accelerated deliveries to leading edge Foundry to support its most advanced technology nodes. Received initial orders for the new Dimensional... More