Nova Ltd Stock Price, News & Analysis

Nova (NVMI) reported record financial results for Q4 and full year 2024. Q4 revenue reached $194.8 million, up 9% QoQ and 45% YoY, with GAAP net income of $50.5 million ($1.58 per diluted share). Full-year 2024 revenue hit $672.4 million, a 30% YoY increase, with GAAP net income of $183.8 million ($5.75 per diluted share).

The company achieved record sales in materials metrology, driven by Nova Metrion and Nova Veraflex platforms, and dimensional metrology solutions. Advanced packaging segment revenues more than doubled. For Q1 2025, Nova forecasts revenue between $205-215 million and non-GAAP EPS of $2.00-2.16.

Nova (Nasdaq: NVMI) has completed the acquisition of Sentronics Metrology GmbH, a German-based provider of wafer metrology tools, for approximately $60 million in cash. The acquisition is expected to be accretive to non-GAAP net earnings within 12 months of closing.

Sentronics specializes in flexible and modular metrology tools equipped with multiple sensors for critical dimension applications, including thickness, roughness, and topography measurements in backend semiconductor fabrication. This strategic acquisition enhances Nova's dimensional metrology portfolio, particularly in advanced wafer level packaging and specialty devices, expanding beyond 300mm silicon wafers.

The integration of Sentronics' technology enables Nova to offer a complete portfolio for critical applications in both backend and frontend fabrication processes, complementing their existing Optical CD Stand Alone and Integrated Metrology solutions.

Nova (NASDAQ: NVMI) has announced the opening of a new manufacturing facility and office in Bad Urach, Germany, marking a significant expansion of its global presence. The new facility will double the production capacity of Nova's Chemical Metrology Division and includes a state-of-the-art manufacturing space alongside a research and development center.

The facility is designed to enhance collaboration by consolidating all division teams in one location. Notable features include sustainable elements such as geothermal heating and cooling, solar power, natural light utilization, and efficient insulation to reduce environmental impact.

Nova (NASDAQ: NVMI), a semiconductor metrology solutions provider, has announced it will release its Q4 and full year 2024 financial results before Nasdaq market opens on February 13, 2025. The company will host a conference call on the same day at 8:30 a.m. Eastern Time, led by President and CEO Gaby Waisman and CFO Guy Kizner.

The conference call will be accessible via multiple toll-free numbers and will also be available through a live webcast on Nova's Investor Relations website. A replay of the call will be available from February 13 to February 20, 2025.

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.