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0.0263700041203132 0.0263700041203132 0.0403790688092295 0.0403790688092295 0.0396580140090648 0.0429542645241039 0.0455294602389782 0.0380613926658427
Stock impact report

Nova Reports Record Third Quarter 2024 Financial Results

Nova Ltd. - Ordinary Shares (NVMI) 
Last nova ltd. - ordinary shares earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.novameasuring.com
Company Research 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 Show less Read more
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