Stock Track | Nova Ltd Soars Over 9% in Pre-Market on Stellar Q4 Results and Upbeat Q1 Guidance

Stock Track

Feb 13, 2025

Shares of Nova Ltd (NVMI) soared over 9% in pre-market trading on Thursday, driven by the company's stellar fourth-quarter 2024 earnings results and an upbeat outlook for the first quarter of 2025.

For the fourth quarter ended December 31, 2024, Nova reported record quarterly revenue of $194.8 million, marking a 45% year-over-year increase and surpassing analysts' expectations of $187.6 million. The company's non-GAAP earnings per diluted share came in at $1.94, comfortably beating the consensus estimate of $1.84 and representing a 43% jump from the prior-year quarter.

Looking ahead, Nova provided an optimistic guidance for the first quarter of 2025. The company expects non-GAAP earnings per diluted share in the range of $2.00 to $2.16, surpassing analysts' projections of $1.88. Revenue for the quarter is anticipated to be between $205 million and $215 million, well above the consensus estimate of $194.1 million.

Nova's strong performance can be attributed to record sales across multiple product lines, including materials metrology, driven by the growing adoption of the company's solutions across market segments. Additionally, Nova reported record sales for advanced packaging processes, more than doubling revenues from that segment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1112397800"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1112397800\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1112397800?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-13 22:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1112397800","market":"hk","top_or_hot":-1,"title":"Stock Track | Nova Ltd Soars Over 9% in Pre-Market on Stellar Q4 Results and Upbeat Q1 Guidance","media":"Stock Track","content":"<p>Shares of Nova Ltd (NVMI) soared over 9% in pre-market trading on Thursday, driven by the company's stellar fourth-quarter 2024 earnings results and an upbeat outlook for the first quarter of 2025.</p>\n\n<p>For the fourth quarter ended December 31, 2024, Nova reported record quarterly revenue of $194.8 million, marking a 45% year-over-year increase and surpassing analysts' expectations of $187.6 million. The company's non-GAAP earnings per diluted share came in at $1.94, comfortably beating the consensus estimate of $1.84 and representing a 43% jump from the prior-year quarter.</p>\n\n<p>Looking ahead, Nova provided an optimistic guidance for the first quarter of 2025. The company expects non-GAAP earnings per diluted share in the range of $2.00 to $2.16, surpassing analysts' projections of $1.88. Revenue for the quarter is anticipated to be between $205 million and $215 million, well above the consensus estimate of $194.1 million.</p>\n\n<p>Nova's strong performance can be attributed to record sales across multiple product lines, including materials metrology, driven by the growing adoption of the company's solutions across market segments. Additionally, Nova reported record sales for advanced packaging processes, more than doubling revenues from that segment.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Nova Ltd Soars Over 9% in Pre-Market on Stellar Q4 Results and Upbeat Q1 Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Nova Ltd Soars Over 9% in Pre-Market on Stellar Q4 Results and Upbeat Q1 Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-13 22:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Nova Ltd (NVMI) soared over 9% in pre-market trading on Thursday, driven by the company's stellar fourth-quarter 2024 earnings results and an upbeat outlook for the first quarter of 2025.</p>\n\n<p>For the fourth quarter ended December 31, 2024, Nova reported record quarterly revenue of $194.8 million, marking a 45% year-over-year increase and surpassing analysts' expectations of $187.6 million. The company's non-GAAP earnings per diluted share came in at $1.94, comfortably beating the consensus estimate of $1.84 and representing a 43% jump from the prior-year quarter.</p>\n\n<p>Looking ahead, Nova provided an optimistic guidance for the first quarter of 2025. The company expects non-GAAP earnings per diluted share in the range of $2.00 to $2.16, surpassing analysts' projections of $1.88. Revenue for the quarter is anticipated to be between $205 million and $215 million, well above the consensus estimate of $194.1 million.</p>\n\n<p>Nova's strong performance can be attributed to record sales across multiple product lines, including materials metrology, driven by the growing adoption of the company's solutions across market segments. Additionally, Nova reported record sales for advanced packaging processes, more than doubling revenues from that segment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVMI","symbol_name":"Nova Ltd","start_time":0,"source_url":"","article_id":"1112397800","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112397800","pubTimestamp":1739456709,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Nova Ltd  soared over 9% in pre-market trading on Thursday, driven by the company's stellar fourth-quarter 2024 earnings results and an upbeat outlook for the first quarter of 2025.For the fourth quarter ended December 31, 2024, Nova reported record quarterly revenue of $194.8 million, marking a 45% year-over-year increase and surpassing analysts' expectations of $187.6 million. The company's non-GAAP earnings per diluted share came in at $1.94, comfortably beating the consensus estima","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVMI":"Nova Ltd"},"translate_title":"由于出色的第四季度业绩和乐观的第一季度指引，股票跟踪Nova Ltd盘前飙升超过9%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVMI":1},"content_text":"Shares of Nova Ltd (NVMI) soared over 9% in pre-market trading on Thursday, driven by the company's stellar fourth-quarter 2024 earnings results and an upbeat outlook for the first quarter of 2025.\nFor the fourth quarter ended December 31, 2024, Nova reported record quarterly revenue of $194.8 million, marking a 45% year-over-year increase and surpassing analysts' expectations of $187.6 million. The company's non-GAAP earnings per diluted share came in at $1.94, comfortably beating the consensus estimate of $1.84 and representing a 43% jump from the prior-year quarter.\nLooking ahead, Nova provided an optimistic guidance for the first quarter of 2025. The company expects non-GAAP earnings per diluted share in the range of $2.00 to $2.16, surpassing analysts' projections of $1.88. Revenue for the quarter is anticipated to be between $205 million and $215 million, well above the consensus estimate of $194.1 million.\nNova's strong performance can be attributed to record sales across multiple product lines, including materials metrology, driven by the growing adoption of the company's solutions across market segments. Additionally, Nova reported record sales for advanced packaging processes, more than doubling revenues from that segment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}