Nova Measuring Instruments: 1Q Earnings Snapshot
Nova Measuring Instruments: 1Q Earnings Snapshot
NESS-ZIONA, Israel (AP) _ Nova Measuring Instruments Ltd. (NVMI) on Wednesday reported first-quarter net income of $7.8 million.
On a per-share basis, the Ness-Ziona, Israel-based company said it had net income of 27 cents. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.
The maker of monitoring systems used in chip manufacturing posted revenue of $56.7 million in the period.
Nova Measuring Instruments shares have increased 23% since the beginning of the year. The stock has increased slightly more than 6% in the last 12 months.
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