Nova Measuring Instruments (NVMI) Tops Q2 EPS by 4c; Offers 3Q EPS/Revenue Guidance
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Nova Reports Second Quarter 2020 Results
August 4, 2020 8:00 AM EDTREHOVOT, Israel, Aug. 4, 2020 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the second quarter 2020, the period ended June 30, 2020.
Second Quarter 2020 Highlights:
Quarterly revenue of $62.6 million, meeting guidance of $58 million to $66 million GAAP net income of $8.7 million, or $0.30 per diluted share, meeting guidance of $0.29Â to $0.43 per share Non-GAAP net income of $13.8 million, or $0.48 per diluted share, meeting guidance of $0.37 to $0.51 per share Balanced revenue mix with five major customers contributing over 10% each to the geographically diverse product revenue Record quarterly integrated... More