Nova Measuring Q3 Profit Beats Estimates - Quick Facts

(RTTNews) - Nova Measuring Instruments (NVMI), a provider of optical metrology solutions for advanced process control used in semiconductor manufacturing, Wednesday said third-quarter net income rose to $3.3 million from $2.2 million a year ago. Earnings per share grew to $0.12 from $0.08.

Adjusted earnings were $0.14, in comparison with $0.10 last year. On average, 4 analysts polled by Thomson Reuters expected earnings of $0.11 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues grew 6 percent to $27.35 million from $25.77 million last year. Analysts expected revenues of $27.62 million.