Nova Reports Record First Quarter 2021 Results

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Nova Measuring Instruments (NVMI) PT Raised to $100 at Lake Street Capital Markets

May 6, 2021 2:04 PM EDT

Lake Street Capital Markets analyst Jason A. Schmidt raised the price target on Nova Measuring Instruments (NASDAQ: NVMI) to $100.00 while maintaining a Buy rating.

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Nova Measuring Instruments (NVMI) Tops Q1 EPS by 8c, Revenues Beat; Offers 2Q EPS/Revenues Outlook

May 6, 2021 8:17 AM EDT

Nova Measuring Instruments (NASDAQ: NVMI) reported Q1 EPS of $0.70, $0.08 better than the analyst estimate of $0.62. Revenue for the quarter came in at $84.1 million versus the consensus estimate of $79.86 million.

First Quarter 2021 Highlights:

Record quarterly revenue of $84.1 million, up 38% year over yearRecord GAAP net income of $17.6 million, or $0.60 per... More