Nova Measuring Instruments (NVMI) Tops Q1 EPS by 7c, Revenues Beat; Affirms Q2 EPS Mid-Point Guidance Below Consensus, Q2 Revenue Views Below Consensus

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Go back to Nova Measuring Instruments (NVMI) Tops Q1 EPS by 7c, Revenues Beat; Affirms Q2 EPS Mid-Point Guidance Below Consensus, Q2 Revenue Views Below Consensus

Nova Reports First Quarter 2019 Results

May 1, 2019 8:01 AM EDT

REHOVOT, Israel, May 1, 2019 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the first quarter 2019, the period ended March 31, 2019.

First Quarter 2019 Highlights:

Quarterly revenue of $56.7 million, meeting guidance of $52 Million to $58 Million. GAAP net income of $7.8 million, or $0.27 per diluted share, exceeding guidance of $0.15 to $0.26 per share Non-GAAP net income of $10.4 million, or $0.37 per diluted share, exceeding guidance of $0.24 to $0.34 per share Five customers contributed 10% or more each to total product revenues, including two Foundry and three Memory providers... More