Nova (NASDAQ:NVMI) Full Year 2024 Results

Key Financial Results

• Revenue: US$672.4m (up 30% from FY 2023).
• Net income: US$183.8m (up 35% from FY 2023).
• Profit margin: 27% (up from 26% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$6.31 (up from US$4.73 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nova Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

The company's shares are up 6.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Nova's balance sheet health.

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