Nova Ltd. ( (NVMI) ) has released its Q3 earnings. Here is a breakdown of the information Nova Ltd. presented to its investors.
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Nova Ltd., a leading provider of metrology solutions for semiconductor manufacturing, has reported record financial results for the third quarter of 2025. The company, which specializes in advanced process control, continues to innovate in the semiconductor industry, offering high-performance solutions that enhance product yields and accelerate time to market.
Nova Ltd. announced a record quarterly revenue of $224.6 million for Q3 2025, marking a 25% increase year-over-year. The company’s GAAP net income rose to $61.4 million, or $1.90 per diluted share, reflecting a 19% increase from the previous year. Non-GAAP net income also saw a significant rise, reaching $70 million, or $2.16 per diluted share, a 24% increase year-over-year.
The company’s growth was driven by strong demand for its advanced metrology solutions, particularly in the memory and advanced logic device sectors. Nova reported record revenues from memory devices, fueled by the demand for advanced DRAM and HBM devices, as well as from advanced logic devices, driven by Gate-All-Around manufacturing processes. Despite a slight decrease in gross margin compared to the previous quarter, the overall financial performance remained robust.
Looking ahead, Nova’s management is optimistic about the company’s future, expecting 2025 to be a record year with continued growth into 2026. This outlook is supported by positive forecasts in the semiconductor market and increased demand driven by artificial intelligence advancements. The company has provided guidance for the fourth quarter, anticipating revenues between $215 million and $225 million, with diluted GAAP EPS ranging from $1.77 to $1.95.