Nova Reports Fourth Quarter and Full Year 2020 Results
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Nova Measuring Instruments (NVMI) PT Raised to $87 at Needham & Company
February 18, 2021 4:11 PM ESTNeedham & Company analyst N. Quinn Bolton raised the price target on Nova Measuring Instruments (NASDAQ: NVMI) to $87.00 (from $80.00) while maintaining a Buy rating.
The analyst comments "NVMI reported strong 4Q20 results with revenue and EPS beating our estimates. NG GM result missed... More
Nova Measuring Instruments (NVMI) Tops Q4 EPS by 3c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus
February 18, 2021 8:10 AM ESTNova Measuring Instruments (NASDAQ: NVMI) reported Q4 EPS of $0.55, $0.03 better than the analyst estimate of $0.52. Revenue for the quarter came in at $76.3 million versus the consensus estimate of $69.9 million.
Fourth Quarter 2020 Highlights:
Quarterly record revenue of $76.3 million, up 18% year-over-yearGAAP net income of $13.7 million, or $0.47 per diluted share, up 9% year-over-year on a per-share basisNon-GAAP net income of... More