Welcome to our dedicated page for Nova Ltd. Ordinary Shares news (Ticker: NVMI), a resource for investors and traders seeking the latest updates and insights on Nova Ltd. Ordinary Shares 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 (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.
Nova announced the expansion of its Nova Fit® machine learning solution to enhance the VeraFlex IV® platform for Materials Metrology. The new version, already deployed at a customer site for Gate-All-Around applications, aims to improve throughput and precision in high-volume semiconductor manufacturing. The solution offers machine learning modules that significantly reduce acquisition time while maintaining precision and yield. Nova Fit®'s scalable design allows for continuous deployment of new modules to address emerging challenges, combining accuracy with efficient solution implementation.
Nova (Nasdaq: NVMI), a provider of metrology solutions for semiconductor manufacturing process control, announced its CFO Guy Kizner will participate in the 2024 UBS Global Technology and AI Conference on December 3 in Scottsdale, AZ. Kizner will be available for one-on-one meetings with interested parties through UBS representatives.
Nova (NVMI) reported record financial results for Q3 2024, with revenue reaching $179.0 million, up 14% QoQ and 39% YoY. The company achieved record GAAP net income of $51.3 million ($1.60 per diluted share) and record non-GAAP net income of $56.1 million ($1.74 per diluted share). Performance was driven by record revenue in materials metrology and advanced packaging solutions. For Q4 2024, Nova expects revenue between $181-191 million and projects annual growth of approximately 28% at mid-point, outperforming the WFE Index.
Nova (NASDAQ: NVMI) announced that a leading logic manufacturer has qualified Nova Prism 2 for backside power delivery applications in advanced logic nodes' front-end processes. This selection has resulted in an order for multiple tools, marking another milestone in Nova's market share growth for standalone optical CD solutions. The announcement follows selections by other major customers for advanced process nodes.
The growing complexity of advanced logic, memory, and packaging architectures, driven by artificial intelligence, necessitates complex process steps using hybrid bonding, through-silicon vias, and redistribution layers. Nova Prism 2, utilizing spectral interferometry technology and machine learning algorithms, addresses these challenges, providing manufacturers with insights for successful production.
Nova (Nasdaq: NVMI), a leading provider of metrology solutions for semiconductor manufacturing, has announced its plans to release financial results for the third quarter of 2024 on Thursday, November 7, 2024, before the Nasdaq market opens. The company will host a conference call at 8:30 a.m. Eastern Time on the same day to review the results.
President and CEO Gaby Waisman and CFO Guy Kizner will lead the call. Investors can join via phone using toll-free numbers for the U.S. and Israel, or an international dial-in number. A live webcast will also be available on Nova's Investor Relations website. A replay of the call will be accessible from November 7 to November 14, 2024.
Nova (Nasdaq: NVMI), a leading provider of metrology solutions for semiconductor manufacturing, has announced its participation in several investor conferences in August and September 2024. The company's senior management, including CFO Guy Kizner and CEO Gaby Waisman, will attend various events:
1. Needham Virtual Semiconductor Conference (Aug 21)
2. Evercore ISI Semiconductor Conference in Chicago (Aug 27)
3. Jefferies Semiconductor Summit in Chicago (Aug 28)
4. Benchmark TMT Conference in New York (Sep 4)
5. Citi Global Technology Conference in New York (Sep 5)
The Citi Conference will feature a fireside chat with Nova's executives on September 5 at 3:00 pm ET, which will be webcast live on the company's investor relations page. Investors can schedule one-on-one meetings with management through their bank representatives.
Nova (NVMI) reported record second quarter 2024 financial results, with quarterly revenue of $156.9 million, up 11% QoQ and 28% YoY. GAAP net income reached $45.1 million ($1.41 per diluted share), while non-GAAP net income was $52.0 million ($1.61 per diluted share). The company saw record bookings for advanced packaging processes and materials metrology solutions, as well as record revenue from chemical metrology.
Nova's performance was driven by broad demand across its portfolio, with strong growth in Gate-All-Around and advanced packaging solutions, as well as robust demand for mature nodes. For Q3 2024, Nova expects revenue between $168-$176 million and diluted non-GAAP EPS of $1.60-$1.73.
Nova (NASDAQ: NVMI) announced the release of its financial results for Q2 2024 on August 8, 2024, before the Nasdaq market opens.
A conference call will follow at 8:30 a.m. Eastern Time on the same day, hosted by CEO Gaby Waisman and CFO Guy Kizner. The call will review the company's financial performance for the quarter.
Participants can join the call via toll-free and international numbers or through a live webcast available on Nova's Investor Relations website. A replay of the conference call will be accessible until August 15, 2024.
Nova (Nasdaq: NVMI), a leader in metrology solutions for advanced process control in semiconductor manufacturing, announced that its President and CEO, Gaby Waisman, along with CFO Guy Kizner, will participate in SEMICON West 2024.
The event will take place on July 9 and 10 at the Hotel Zelos and Moscone Center in San Francisco. Investors can schedule meetings by contacting Miri Segal of MS-IR.
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