Nova Ltd. Reports Record Q3 2026 Revenue and Exceeds Profitability Guidance
Nova Ltd. (NVMI) delivered a strong third quarter for fiscal year 2026, reporting revenue of $287.8 million, a 28% increase year-over-year. The company's performance was driven by record demand in the memory and advanced packaging segments, with DRAM metrology reaching significant density levels at leading customer fabs. Non-GAAP EPS reached $2.86 per diluted share, surpassing the high end of previous guidance. The company is on track to hit an annual revenue milestone of over $1 billion, achieving this strategic goal one year ahead of its original five-year plan. Looking forward, Nova provided optimistic Q4 guidance with projected revenue between $305 million and $315 million. While management noted supply chain pressures due to rapid industry ramps and potential new competition in materials metrology next year, the company maintains a robust cash position of $1.8 billion.
Tickers: $NVMI
Topics: EPS Beat Financial Guidance Memory Segment Performance Revenue Growth