Nova (NVMI) has released an update.
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Nova Ltd. has announced a stellar financial performance for the second quarter of 2024, boasting a record quarterly revenue of $156.9 million and significant year-over-year growth, with GAAP net income rising by 48% to $45.1 million. The company’s success is attributed to robust demand across its portfolio, particularly in advanced packaging solutions. Looking ahead, Nova projects continued revenue growth and earnings per share increases for the third quarter.
For further insights into NVMI stock, check out TipRanks’ Stock Analysis page.
