Nova Reports First Quarter 2019 Results
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Nova Measuring Instruments (NVMI) PT Raised to $30 at Lake Street Capital Markets
May 1, 2019 12:33 PM EDTLake Street Capital Markets analyst Jason Schmidt raised the price target on Nova Measuring Instruments (NASDAQ: NVMI) to $30.00 while maintaining a Buy rating.
soft guidance but 2nd-half improvements and 2020 snap-back on track.... MoreNova Measuring Instruments (NVMI) Tops Q1 EPS by 7c, Revenues Beat; Affirms Q2 EPS Mid-Point Guidance Below Consensus, Q2 Revenue Views Below Consensus
May 1, 2019 8:08 AM EDTNova Measuring Instruments (NASDAQ: NVMI) reported Q1 EPS of $0.37, $0.07 better than the analyst estimate of $0.30. Revenue for the quarter came in at $56.7 million versus the consensus estimate of $55.25 million.
Quarterly revenue of $56.7 million, meeting guidance of $52 Million to $58 Million.GAAP net income of $7.8 million, or $0.27 per diluted share, exceeding guidance of $0.15 to... More