Nova Ltd Stock Price, News & Analysis

Nova (Nasdaq: NVMI) announced the selection of its Nova Metrion® platform by a leading memory manufacturer for advanced DRAM R&D and high-volume manufacturing of DRAM and NAND. The platform was chosen for its ability to perform full-wafer measurements of epitaxial layers with high sensitivity and precision.

The Nova Metrion® enables inline SIMS measurements of materials composition depth profiles, providing tighter process control and improved yield in next-generation devices. The technology offers unique in-line composition profiling for key process control measurements, including dopant concentration, contamination, residues, and diffusion. Nova expects additional orders as the manufacturer expands its inline metrology capabilities.

Nova (NASDAQ: NVMI), a leading provider of metrology solutions for semiconductor manufacturing process control, has announced its participation in the 27th Annual Needham Growth Conference. Gaby Waisman, President and CEO, and Guy Kizner, CFO, will engage in a fireside chat moderated by senior research analyst Charles Shi on January 14, 2025, at 8:45 am EST in New York City.

The presentation will be accessible through a live webcast link available on Nova's Investor Relations website. Company management will also be available for one-on-one in-person meetings on both January 14 and 15, 2025. Interested parties can schedule meetings through their Needham salesperson.

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.