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Recap: Nova Measuring Q1 Earnings

Shares of Nova Measuring (NASDAQ:NVMI) rose 0.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 27.03% over the past year to $0.47, which beat the estimate of $0.36.

Benzinga · 05/14/2020 13:03

Shares of Nova Measuring (NASDAQ:NVMI) rose 0.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 27.03% over the past year to $0.47, which beat the estimate of $0.36.

Revenue of $61,022,000 rose by 7.70% from the same period last year, which beat the estimate of $56,850,000.

Looking Ahead

Q2 EPS expected to be between $0.37 and $0.51.

Q2 revenue expected between $58,000,000 and $66,000,000.

Details Of The Call

Date: May 14, 2020

Time: 07:58 PM ET

Webcast URL: http://public.viavid.com/player/index.php?id=139002

Technicals

52-week high: $43.01

Company's 52-week low was at $24.79

Price action over last quarter: Up 0.38%

Company Description

Nova Measuring Instruments Ltd is an Israel-based semiconductor equipment manufacturer. The company provides metrology solutions for advanced process control used in semiconductor manufacturing. The company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of NovaScan 2040, NovaScan 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates most of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, Singapore, China, United States, Japan, and Europe.