Nova Ltd.

Nova Reports Record Third Quarter 2026 Financial Results

Nova posted record Q3 2026 revenue of $287.8 million, up 13% sequentially and 28% year-over-year, with record GAAP net income of $90.0 million ($2.64 per diluted share, up 39% YoY). Record revenue in advanced packaging and memory was driven by HBM capacity expansion and demand for dimensional and materials metrology solutions, with strong logic-customer demand noted by CEO Gaby Waisman. Gross margin expanded to 57.7% from 56.7% a year ago, and operating cash flow more than doubled YoY to $138.1 million. Management guided Q4 2026 to $305-$315 million in revenue and $3.03-$3.18 non-GAAP diluted EPS, implying another sequential growth quarter.

•3d ago

Nova Announces $200M Share Repurchase Program

Nova's board of directors authorized a new share repurchase program of up to $200 million, funded with available cash. Repurchases will be made through open market purchases, privately negotiated transactions, or trading plans at prevailing market prices, with no set timeline; the program can be commenced, suspended, or discontinued at any time at the board's discretion. CEO Gaby Waisman said the authorization reflects confidence in Nova's growth strategy and cash generation, and framed it as a complement to a capital allocation strategy whose primary priority remains reinvestment and strategic acquisitions, preserving capacity for M&A.

•2mo ago

Nova Reports Record Second Quarter 2026 Financial Results

Nova reported record Q2 2026 revenue of $255.0 million, up 16% year-over-year, with GAAP net income reaching $75.0 million. Non-GAAP net income also hit a record of $86.5 million, or $2.51 per share, driven by strong demand for advanced logic devices and packaging solutions. Looking ahead, the company provided Q3 guidance for revenue of $277 million to $287 million, with diluted GAAP EPS expected between $2.46 and $2.61.

•3mo ago

Nova WMC™ Expanding Adoption Across the Most Advanced Packaging Processes

Nova's Nova WMC platform was selected as the tool-of-record by a leading global foundry customer for multiple layers' measurement in advanced packaging processes. The selection followed a competitive evaluation and is expected to support several production flows, with the company noting accelerating adoption across memory and foundry customers. Management stated the platform is entering a rapid growth phase, positioned to scale as demand for advanced packaging and HBM applications accelerates.

•4mo ago

Nova Reports Record First Quarter 2026 Financial Results

Nova reported record Q1 2026 revenue of $235.3 million, a 6% increase quarter-over-quarter and a 10% increase year-over-year, exceeding the company's guidance. GAAP net income was $69.3 million, or $2.04 per diluted share, a 5% increase QoQ and 10% increase YoY, also exceeding guidance. Non-GAAP net income was $80.3 million, or $2.33 per diluted share, a 9% increase QoQ and 11% increase YoY, again surpassing guidance. For Q2 2026, management expects revenue between $245 million and $255 million, GAAP EPS between $2.10 and $2.24, and non-GAAP EPS between $2.34 and $2.48.

•5mo ago