Nova Q2 EPS $1.06 Beats $1.00 Estimate, Sales $122.70M Beat $121.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nova (NASDAQ:NVMI) reported Q2 earnings of $1.06 per share, beating the analyst consensus estimate of $1.00 by 6%. However, this is a 14.52% decrease from the same period last year. The company also reported quarterly sales of $122.70 million, beating the estimate of $121.00 million by 1.40%, but this is a 13.36% decrease from last year.
August 04, 2023 | 1:02 pm
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NEUTRAL IMPACT
Nova's Q2 earnings and sales beat estimates but are lower than the same period last year. This mixed result could lead to uncertainty in the market.
Nova's earnings and sales beat estimates, which is positive. However, the decrease from the same period last year could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100