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Nova Measuring Instruments: 2Q Earnings Snapshot

August 7, 2019

NESS-ZIONA, Israel (AP) _ Nova Measuring Instruments Ltd. (NVMI) on Wednesday reported second-quarter earnings of $6.5 million.

The Ness-Ziona, Israel-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, came to 32 cents per share.

The maker of monitoring systems used in chip manufacturing posted revenue of $51.1 million in the period.

For the current quarter ending in October, Nova Measuring Instruments expects its per-share earnings to range from 20 cents to 34 cents.

The company said it expects revenue in the range of $46 million to $54 million for the fiscal third quarter.

Nova Measuring Instruments shares have risen 18% since the beginning of the year. The stock has fallen 4% in the last 12 months.

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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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