Nova Reports Record Third Quarter 2024 Financial Results
Nova Ltd. - Ordinary Shares (NVMI)
Last nova ltd. - ordinary shares earnings: 2/13 08:00 am
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ir.novameasuring.com
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Source: PR Newswire
REHOVOT, Israel, Nov. 7, 2024 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the third quarter, the three-month period ended September 30, 2024. Third Quarter 2024 Highlights:Record Quarterly revenue of $179.0 million, a 14% QoQ increase, exceeding the Company guidance and up 39% YoY.Record GAAP net income of $51.3 million, or $1.60 per diluted share, exceeding the Company guidance, a 13% QoQ increase and up 51% YoY.Record non-GAAP net income of $56.1 million, or $1.74 per diluted share, exceeding the Company guidance, an 8% increase QoQ, and up 41% YoY.Record revenue for materials metrology driven by demand for leading edge capacity.Record revenues from advanced packaging, driven by demand for dimensional and chemical metrology solutions. GAAP Results (K)Q3 2024Q2 2024Q3 2023Revenues$178,974$156,858$128,808Net Income$51,279$45,142$33,689Earnings per Diluted Share $1.60$1.41$1.06 Non-GAAP Results (K)Q3 2024Q2 2024Q3 2023Net Income$56,056$51,956$39,405
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NVMI
Earnings
- 11/7/24 - Beat
NVMI
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 6-K
- 11/19/24 - Form 6-K
- NVMI's page on the SEC website