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.
Key figures
- Eps
- 2.04
- Revenue
- 235308000
- Guidance
- Q2 revenue $245M-$255M; GAAP EPS $2.10-$2.24; non-GAAP EPS $2.34-$2.48
- Revenue Yoy
- 10%
AI analysis
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