Nova Measuring Instruments (NVMI) Tops Q4 EPS by 3c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus

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Go back to Nova Measuring Instruments (NVMI) Tops Q4 EPS by 3c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus

Nova Reports Fourth Quarter and Full Year 2020 Results

February 18, 2021 8:00 AM EST

REHOVOT, Israel, Feb. 18, 2021 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the fourth quarter and full year 2020.

Fourth Quarter 2020 Highlights:

Quarterly record revenue of $76.3 million, up 18% year-over-year GAAP net income of $13.7 million, or $0.47 per diluted share, up 9% year-over-year on a per-share basis Non-GAAP net income of $15.9 million, or $0.55 per diluted share, up 8% year-over-year on a per-share basis Initial revenues recognized from multiple customers for Nova ELIPSON, a newly launched materials metrology solution Record quarterly materials metrology revenue, driven by... More