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Nova to Report Fourth Quarter and Full Year 2020 Financial Results on February 18, 2021

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NOVA (NASDAQ: NVMI) will release its fourth quarter and full year 2020 financial results before the market opens on February 18, 2021. The call will feature Mr. Eitan Oppenhaim (CEO) and Mr. Dror David (CFO) at 9 a.m. ET. Investors can join the call via designated numbers or through a live webcast on the company’s website. A replay will be available from February 18, 2021 to February 25, 2021. Nova specializes in metrology solutions for semiconductor manufacturing and is committed to continuous innovation.

Positive
  • Scheduled release of Q4 and FY 2020 financial results, indicating transparency.
  • Live conference call suggests open communication with investors.
Negative
  • Dependence on a small number of large customers could indicate vulnerability.
  • Risks associated with rapid technological changes may impact future performance.

REHOVOT, Israel, Jan. 19, 2021 /PRNewswire/ -- Nova (NASDAQ: NVMI) announced today that it will release its financial results for the fourth quarter and full year 2020 before the Nasdaq market opens on Thursday, February 18, 2021.

Mr. Eitan Oppenhaim, President and Chief Executive Officer, and Mr. Dror David, Chief Financial Officer, will host a conference call to review the Company's fourth quarter and full year 2020 financial results on the same day, at 9 a.m. Eastern Time.

To attend the conference call, please dial one of the following teleconferencing numbers. Please begin by placing your call at least five minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

U.S. TOLL-FREE: 1-866-548-4713
ISRAEL TOLL-FREE: 1-809-212-883
INTERNATIONAL: 1-323-794-2093

At:
9 a.m. Eastern Time
6 a.m. Pacific Time
4 p.m. Israel Time
Conference Call ID: 1340079

The conference call will also be webcast live from a link on Nova's website at https://www.novami.com/investors/events/.

A replay of the conference call will be available from February 18, 2021 at 12 p.m. Eastern Time to February 25, 2021 at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers: 

Replay TOLL-FREE: 1-844-512-2921
Replay TOLL/INTERNATIONAL: 1-412-317-6671
Replay Pin Number: 1340079

A replay will also be available for 90 days on Nova's website at https://www.novami.com/investors/events/.

About Nova:

Nova is a leading innovator and key provider of metrology solutions for advanced process control used in semiconductor manufacturing. Nova delivers continuous innovation by providing state-of-the-art high-performance metrology solutions for effective process control throughout the semiconductor fabrication lifecycle. Nova's product portfolio, which combines high-precision hardware and cutting-edge software, provides its customers with deep insight into the development and production of the most advanced semiconductor devices. Nova's unique capability to deliver innovative X-ray and Optical solutions enable its customers to improve performance, enhance product yields and accelerate time to market. Nova acts as a partner to semiconductor manufacturers from its offices around the world. Additional information may be found at https://www.novami.com/.

Nova is traded on NASDAQ & TASE under the symbol NVMI.

This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding, but are not limited to, anticipated growth opportunities and projections about our business and its future revenues, expenses and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: our dependency on three product lines; our dependency on a small number of large customers and small number of suppliers; the highly cyclical and competitive nature of the markets we target and we operate in; our inability to reduce spending during a slowdown in the semiconductor industry; our ability to respond effectively on a timely basis to rapid technological changes; our dependency on PEMs; risks related to exclusivity obligations and non-limited liability that may be included in our commercial agreements and arrangements; our ability to retain our competitive position despite the ongoing consolidation in our industry; risks related to our dependence on our manufacturing facilities; risks related to changes in our order backlog; risks related to efforts to complete and integrate current and/or future acquisitions; risks related to worldwide financial and economic instabilities, including the implications of the ongoing novel coronavirus (COVID-19) pandemic; risks related to our intellectual property; new product offerings from our competitors; unanticipated manufacturing or supply problems; risks related to government programs we participate in; risks related to taxation; changes in customer demand for our products; risks related to currency fluctuations; risks related to technology security threats , including data breaches, cyberattacks and system disruptions, and changes in privacy laws; risks related to acquisitions we may pursue and risks related to our operations in Israel. We cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Nova's Annual Report on Form 20-F for the year ended December 31, 2019 filed with the Securities and Exchange Commission on March 12, 2020. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Nova Measuring Instruments Ltd. does not assume any obligation to update the forward-looking information contained in this press release.

Company Contact:

Dror David, Chief Financial Officer
Nova Measuring Instruments Ltd.
Tel: +972-73-229-5760
E-mail: info@novami.com  
https://www.novami.com/  

Investor Relations Contact:

Miri Segal
MS-IR LLC
Tel: +917-607-8654
E-mail: msegal@ms-ir.com

Cision View original content:http://www.prnewswire.com/news-releases/nova-to-report-fourth-quarter-and-full-year-2020-financial-results-on-february-18-2021-301210631.html

SOURCE Nova

FAQ

When is NOVA's Q4 2020 earnings report?

NOVA will report its Q4 2020 earnings on February 18, 2021.

What time is the NOVA conference call?

The conference call will be held at 9 a.m. Eastern Time on February 18, 2021.

How can I listen to NOVA's earnings call?

You can join the call via U.S. toll-free number 1-866-548-4713 or through the live webcast on NOVA's website.

What does NOVA specialize in?

NOVA is a provider of metrology solutions for advanced process control in semiconductor manufacturing.

What is the stock symbol for NOVA?

NOVA is traded under the symbol NVMI on NASDAQ.

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