Welcome to our dedicated page for Nova news (Ticker: NVMI), a resource for investors and traders seeking the latest updates and insights on Nova stock.
Nova Ltd. (Nasdaq: NVMI) is a globally renowned provider of advanced metrology solutions for semiconductor manufacturing. Nova’s technology is utilized by over 80% of the largest integrated-circuit manufacturers, ensuring precise process control through high-volume complex measurements. The company's product line includes both integrated and stand-alone metrology platforms, complemented by the powerful NovaMars® modeling engine. This combination allows Nova to support semiconductor manufacturers throughout the entire product lifecycle, from application development to high-volume production.
Nova's unique metrology solutions employ a blend of spectroscopic reflectometry and scatterometry. These technologies measure a variety of features and parameters such as CD (critical dimension), trench depth, photoresist height, and the thickness and shape of complex layer stacks. Key products include Nova 2040, Nova 3090Next, Nova i500, i500 Plus, Nova T500, T600, V2600, HelioSense 100, Nova Hybrid Metrology solution, and NovaMars. These products are pivotal in providing the tight wafer-to-wafer and within-wafer control necessary for the development and production of advanced semiconductor devices.
Financially, Nova reported a total revenue of $128.8 million in the third quarter of 2023 and displayed a robust performance with a gross margin of 56%. The company’s non-GAAP net income stood at $39.4 million for the same period. Nova anticipates continued growth, backed by its expanding materials metrology offerings and the increasing adoption of its optical metrology solutions. The company has also introduced the second-generation Nova Metrion® system, which offers increased sensitivity and enhanced charge compensation for advanced process control measurements.
Geographically, Nova's revenue is mainly generated from China, but the company also operates extensively in Taiwan, Korea, the United States, and Europe. Nova’s innovations are critical in the manufacturing of next-generation devices, as highlighted by its recent partnership with Samsung R&D Center to develop and demonstrate new metrology techniques.
As Nova looks forward to the future, the company remains committed to delivering state-of-the-art metrology solutions that drive semiconductor manufacturers' performance and enhance product yields. With a comprehensive product portfolio and a strategic vision aimed at reaching a $1 billion revenue target, Nova continues to be a key player in the semiconductor industry.
Nova (Nasdaq: NVMI), a semiconductor metrology solutions provider, has announced its participation in three upcoming investor conferences. CFO Guy Kizner will represent the company at:
- The Goldman Sachs European Technology Conference in London on February 26, featuring in-person one-on-one meetings
- The Susquehanna's 14th Annual Technology Conference on February 28, conducting virtual one-on-one meetings
- The Cantor Fitzgerald Global Technology Conference in New York on March 11, including a fireside chat at 8:40 am ET and one-on-one meetings
The Cantor fireside chat will be available via webcast on Nova's investor relations page. Interested parties can schedule meetings through their banking representatives.
Nova (Nasdaq: NVMI), a semiconductor metrology solutions provider, has announced its upcoming Virtual Investor Day scheduled for March 13, 2025. The event will feature presentations from the company's executive team and will run from 12:00 p.m. EST / 6:00 p.m. IST to approximately 2:00 p.m. EST / 8:00 p.m. IST.
Investors can participate in real-time by registering through Nova's website. Following the event, a replay of the presentations and related materials will be made available in English on the company's investor events webpage.
Nova (Nasdaq: NVMI) has announced that its annual report on Form 20-F for the fiscal year ended December 31, 2024, is now accessible through the company's website. The report, which includes audited consolidated financial statements, was filed with the Securities and Exchange Commission on February 20, 2025.
Shareholders can request a complimentary hard copy of the annual report. The announcement is made in compliance with Nasdaq Listing Rule 5250(d)(1)(C).
Nova (NVMI) reported record financial results for Q4 and full year 2024. Q4 revenue reached $194.8 million, up 9% QoQ and 45% YoY, with GAAP net income of $50.5 million ($1.58 per diluted share). Full-year 2024 revenue hit $672.4 million, a 30% YoY increase, with GAAP net income of $183.8 million ($5.75 per diluted share).
The company achieved record sales in materials metrology, driven by Nova Metrion and Nova Veraflex platforms, and dimensional metrology solutions. Advanced packaging segment revenues more than doubled. For Q1 2025, Nova forecasts revenue between $205-215 million and non-GAAP EPS of $2.00-2.16.
Nova (Nasdaq: NVMI) has completed the acquisition of Sentronics Metrology GmbH, a German-based provider of wafer metrology tools, for approximately $60 million in cash. The acquisition is expected to be accretive to non-GAAP net earnings within 12 months of closing.
Sentronics specializes in flexible and modular metrology tools equipped with multiple sensors for critical dimension applications, including thickness, roughness, and topography measurements in backend semiconductor fabrication. This strategic acquisition enhances Nova's dimensional metrology portfolio, particularly in advanced wafer level packaging and specialty devices, expanding beyond 300mm silicon wafers.
The integration of Sentronics' technology enables Nova to offer a complete portfolio for critical applications in both backend and frontend fabrication processes, complementing their existing Optical CD Stand Alone and Integrated Metrology solutions.
Nova (NASDAQ: NVMI) has announced the opening of a new manufacturing facility and office in Bad Urach, Germany, marking a significant expansion of its global presence. The new facility will double the production capacity of Nova's Chemical Metrology Division and includes a state-of-the-art manufacturing space alongside a research and development center.
The facility is designed to enhance collaboration by consolidating all division teams in one location. Notable features include sustainable elements such as geothermal heating and cooling, solar power, natural light utilization, and efficient insulation to reduce environmental impact.
Nova (NASDAQ: NVMI), a semiconductor metrology solutions provider, has announced it will release its Q4 and full year 2024 financial results before Nasdaq market opens on February 13, 2025. The company will host a conference call on the same day at 8:30 a.m. Eastern Time, led by President and CEO Gaby Waisman and CFO Guy Kizner.
The conference call will be accessible via multiple toll-free numbers and will also be available through a live webcast on Nova's Investor Relations website. A replay of the call will be available from February 13 to February 20, 2025.
Nova (Nasdaq: NVMI) announced the selection of its Nova Metrion® platform by a leading memory manufacturer for advanced DRAM R&D and high-volume manufacturing of DRAM and NAND. The platform was chosen for its ability to perform full-wafer measurements of epitaxial layers with high sensitivity and precision.
The Nova Metrion® enables inline SIMS measurements of materials composition depth profiles, providing tighter process control and improved yield in next-generation devices. The technology offers unique in-line composition profiling for key process control measurements, including dopant concentration, contamination, residues, and diffusion. Nova expects additional orders as the manufacturer expands its inline metrology capabilities.
Nova (NASDAQ: NVMI), a leading provider of metrology solutions for semiconductor manufacturing process control, has announced its participation in the 27th Annual Needham Growth Conference. Gaby Waisman, President and CEO, and Guy Kizner, CFO, will engage in a fireside chat moderated by senior research analyst Charles Shi on January 14, 2025, at 8:45 am EST in New York City.
The presentation will be accessible through a live webcast link available on Nova's Investor Relations website. Company management will also be available for one-on-one in-person meetings on both January 14 and 15, 2025. Interested parties can schedule meetings through their Needham salesperson.
Nova (NVMI) has announced the acquisition of Sentronics Metrology GmbH in an all-cash transaction valued at $60 million. The deal is expected to close in Q1 2025 and become accretive on a non-GAAP basis within 12 months. Sentronics, based in Mannheim, Germany, provides wafer metrology tools for backend semiconductor fabrication. The acquisition expands Nova's dimensional metrology portfolio into wafer level packaging and specialty devices, targeting a market estimated at $200 million annually. The integration will enhance Nova's capabilities beyond 300mm silicon wafers and complement its existing Optical CD Stand Alone and Integrated Metrology offerings.
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