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Nova Ltd. Ordinary Shares - NVMI STOCK NEWS

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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.

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Nova reported record financial results for Q2 2021, with revenues of $97.7 million, a 56% increase year-over-year. GAAP net income reached $22.9 million ($0.77 per diluted share), up 157% year-over-year. Non-GAAP net income was $26.9 million ($0.90 per diluted share), an 88% increase year-over-year. The growth was driven by a surge in optical CD standalone solutions and increased exposure in China. For Q3 2021, management forecasts revenue between $99 million and $106 million.

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Nova (Nasdaq: NVMI) announced its legal name change to better reflect its diversified technology portfolio amid expansion efforts. The company aims to organically grow its annual revenue to over $500 million through its NOVA500 strategic plan. Nova emphasizes its commitment to providing advanced metrology solutions for semiconductor manufacturing, utilizing a combination of hardware and software technologies. The company retains its NVMI ticker symbol and Process Insight® tagline, signaling a focus on innovation and customer partnerships.

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Nova (Nasdaq: NVMI) will announce its Q2 2021 financial results on August 5, 2021, before the Nasdaq market opens. An earnings call will be held at 8:30 a.m. ET on the same day, hosted by CEO Eitan Oppenhaim and CFO Dror David. Attendees can dial in via toll-free numbers or join via a webcast. Nova specializes in metrology solutions for semiconductor manufacturing, providing high-performance tools that enhance product quality and accelerate market entry. Further information can be found at Nova's website.

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Nova (Nasdaq: NVMI) will host its 2021 Analyst & Investor Events as virtual meetings on July 13 and 14, offering insights from its executive team. The English presentations will be held on July 13 from 11:00 a.m. to 1:30 p.m. EDT, and the Hebrew presentations on July 14 from 9:00 a.m. to 11:30 a.m. IDT. Interested participants should contact Miri Segal or Jonathan Eilat for access. A replay of the English session will be available on the company's website. Nova specializes in metrology solutions for semiconductor manufacturing.

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Nova (Nasdaq: NVMI) has announced that its Chief Financial Officer, Dror David, will participate in several upcoming virtual investor conferences. These events include Needham's 16th Annual Technology & Media Conference from May 17-20, 2021, the BofA Securities Global Technology Conference from June 8-10, 2021, and the Stifel 2021 Cross Sector Insight Conference from June 6-8, 2021. Dror will be available for one-on-one meetings on specific dates. Nova specializes in innovative metrology solutions for semiconductor manufacturing and is listed under the symbol NVMI.

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Nova (Nasdaq: NVMI) reported record financial results for Q1 2021, with revenues of $84.1 million, marking a 38% increase year over year. The company achieved a GAAP net income of $17.6 million or $0.60 per diluted share, up 46% year over year. Non-GAAP net income reached $20.5 million or $0.70 per diluted share, increasing 37% year over year. Quarterly gross margin improved to 57%. Management has set a revenue outlook for Q2 2021 between $84 million and $92 million.

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Nova (Nasdaq: NVMI) will release its financial results for Q1 2021 on May 6, 2021, before the Nasdaq market opens. A conference call hosted by CEO Eitan Oppenhaim and CFO Dror David will take place at 9 a.m. Eastern Time on the same day. Interested participants are encouraged to dial in five minutes prior to the start. A replay of the call will be available from May 6 at 12 p.m. until May 13 at 11:59 p.m. Eastern Time. Nova specializes in metrology solutions for semiconductor manufacturing, providing innovative technology to improve yields and accelerate time to market.

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Nova (NASDAQ: NVMI) has released its annual report on Form 20-F for the year ending December 31, 2020, now available on its website as of March 1, 2021.

This report includes audited consolidated financial statements and is disclosed in accordance with NASDAQ Listing Rule 5250(d)(1)(C). Shareholders can request a hard copy free of charge. Nova specializes in metrology solutions for semiconductor manufacturing, providing innovative hardware and software to enhance production efficiency and yield.

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Nova reported strong financial results for Q4 and full year 2020, achieving record revenues of $76.3 million and $269.4 million respectively, up 18% and 20% year-over-year. GAAP net income for Q4 was $13.7 million ($0.47/share), and $47.9 million for the year ($1.65/share), representing a 35% increase year-over-year. Non-GAAP net income for Q4 reached $15.9 million ($0.55/share). The company introduced its ELIPSON™ metrology solution, with a positive outlook for Q1 2021, projecting revenues between $76 million and $83 million.

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Nova (NASDAQ: NVMI) announced significant orders exceeding $23 million from leading Logic and Foundry customers for its VERAFLEX® materials metrology solutions. These orders underscore Nova's enhanced presence in the semiconductor market, allowing customers to address challenges related to advanced wafer fabrication, such as ultra-thin film measurement and materials composition profiling. The recently introduced Nova VERAFLEX® IV platform promises improved throughput while maintaining precision. Nova's innovative metrology portfolio supports the evolving semiconductor landscape, positioning the company for future growth.

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FAQ

What is the current stock price of Nova Ltd. Ordinary Shares (NVMI)?

The current stock price of Nova Ltd. Ordinary Shares (NVMI) is $203.15 as of December 24, 2024.

What is the market cap of Nova Ltd. Ordinary Shares (NVMI)?

The market cap of Nova Ltd. Ordinary Shares (NVMI) is approximately 5.9B.

What does Nova Ltd. specialize in?

Nova Ltd. specializes in advanced metrology solutions for semiconductor manufacturing, offering both integrated and stand-alone platforms.

What are some of Nova's key products?

Key products include Nova 2040, Nova 3090Next, Nova i500, Nova T500, Nova V2600, and the Nova Hybrid Metrology solution.

What technologies does Nova's metrology solutions employ?

Nova's metrology solutions use a combination of spectroscopic reflectometry and scatterometry to measure various features and parameters.

Where does Nova generate most of its revenue?

Nova generates the majority of its revenue from China, with additional business in Taiwan, Korea, the United States, and Europe.

What recent financial performance did Nova report?

In the third quarter of 2023, Nova reported revenues of $128.8 million and a gross margin of 56%.

What is the Nova Metrion® system?

The Nova Metrion® system is a second-generation in-line secondary ion mass spectrometry (SIMS) solution with increased sensitivity and enhanced charge compensation.

What regions does Nova operate in?

Nova operates in China, Taiwan, Korea, the United States, and Europe.

Who are some of Nova's key partners?

Nova partners with leading semiconductor manufacturers, including a notable collaboration with Samsung R&D Center.

What is the strategic vision of Nova?

Nova aims to achieve a $1 billion revenue target by continuing to innovate and expand its metrology solutions for semiconductor manufacturing.

How does Nova support the semiconductor manufacturing lifecycle?

Nova supports the lifecycle from application development to high-volume production, providing essential insights into advanced semiconductor device production.

Nova Ltd. Ordinary Shares

Nasdaq:NVMI

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5.90B
29.05M
82.56%
4.2%
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