Nova Ltd. Surges with Record Q2 Financials
Company Announcements

Nova Ltd. Surges with Record Q2 Financials

Nova (NVMI) has released an update.

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.

Related Articles
TheFlyNova price target raised to $245 from $240 at Benchmark
TipRanks Auto-Generated NewsdeskNova Measuring Instruments Reports Record Q3 2024 Results
TipRanks Auto-Generated NewsdeskNova Ltd. Achieves Record Q3 2024 Financial Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App