Live Analysis: Nova Ltd. (NVMI) experienced a significant price drop of $27.62, representing a 5.21% decrease from the previous close. The current price stands at $502.68 with a trading volume of $54,359, reflecting a 14.14% increase compared to the average volume.
Earnings Overview: During the latest quarterly earnings report on Wednesday, February 11th, NVMI reported an earnings per share of $2.14, slightly exceeding the consensus estimate of $2.13.
Cash Flow: The company had a net change in cash of -$307.17 million, ending the period with $214.78 million in cash. Notable cash flows include operating cash flow of $60.13 million and common stock repurchases totaling -$15 million.
Income Statement: NVMI generated revenue of $222.62 million, resulting in a gross profit of $128.23 million. Operating income stood at $60.73 million, with a net income of $64.69 million. The earnings per share (EPS) was reported at $2.09.
Ratios: Key financial metrics show a gross profit margin of 57.6%, net profit margin of 29.06%, and a return on equity of 4.91%. NVMI's price-to-earnings ratio is 40.12, with a price-to-book ratio of 7.87.
Balance Sheet: The company holds total assets of $2.36 billion, with total investments amounting to $1.43 billion. NVMI's total debt stands at $858.43 million, resulting in a net debt of $643.96 million.
This comprehensive analysis provides insights into NVMI's current financial standing and recent performance.
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. The company was incorporated in 1993 and is headquartered in Rehovot, Israel.