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Nova Ltd.: Q1 Earnings Snapshot

REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Nova Ltd. (NVMI) on Thursday reported profit of $69.3 million in its first quarter.

The Rehovot, Israel-based company said it had profit of $2.04 per share. Earnings, adjusted for one-time gains and costs, were $2.33 per share.

The maker of monitoring systems used in chip manufacturing posted revenue of $235.3 million in the period.

For the current quarter ending in June, Nova Ltd. expects its per-share earnings to range from $2.34 to $2.48.

The company said it expects revenue in the range of $245 million to $255 million for the fiscal second quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVMI at https://www.zacks.com/ap/NVMI

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