NVMI revenues, earnings jump

Posted: Tuesday, May 3, 2010

By Kevin Kennedy
CoolcatReport.com Publisher

Nova Measuring Instruments (Nasdaq: NVMI) reported first-quarter earnings Tuesday of $2.7 million, or $0.11 per share, compared to a loss of $1.7 million, or $0.09 per share, in the first quarter of 2009. Revenues for the quarter were $16.0 million, an increase of 179% from the same quarter a year ago.

The company also increased its guidance, citing robust demand for its high-end products, better performance for its memory products and increased visibility on new fab build-outs and expansions. The company expects revenues of $61-66 million for 2010 is $61-$66 million and net margins of 13%-17% for the year.

The company also reported record gross margins of 51%. It was the company’s third straight profitable quarter.

"During the first quarter, we reached record quarterly shipment levels and again achieved solid financial performance, through our strong position in new industry expansion projects and through our ability to provide additional functionality and value to our existing products,” said Gabi Seligsohn, president and CEO. "Semiconductor business fundamentals continue to be strong at the high end of technology and our leading edge customers have indicated that demand is expected to continue to be robust throughout the year. Given the pace of technology transition, several customers are actively evaluating our new standalone products, and we believe these evaluations lay the foundation for additional business growth in the future and for further improvement of our competitive position in our core markets.”

Nova Measuring Instruments develops, produces and markets advanced integrated and standalone metrology solutions for the semiconductor manufacturing industry. For more information, visit www.nova.co.il.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

About CoolcatReport.com

CoolcatReport.com publishes four great investment newsletters to give you the right tools to find big winning stocks and dramatically improve your investing results:
* The Coolcat Explosive Small Cap Growth Stock Report.
* The Coolcat Technology Plus Report.
* The Coolcat ETF Report.
* The Coolcat Total Stock Market Report.

Publisher Kevin Kennedy’s easy-to-understand, clear-cut investment newsletters save you time and help you identify the top-performing stocks that are ready to become Wall Street’s next big winners.

Newsletter updates aredelivered by email. Each newsletter features two model portfolios with specific buy and sell suggestions to make tracking our winning stock picks simple.

Subscribe today, and you’ll learn how to use our easy-to-implement, proven strategies to buy at the right time, take profits, cut losses and hold your biggest winners long enough to reach their potential.

Click the helpful links below to look inside CoolcatReport.com:
* Learn more about us and our four great investment newsletters.

* Discover our strategies and check out our performance.

* Take advantage of our free resources, including The Top 50 Investing Websites.
* Request a sample and subscribe today!

For more information, email us at Coolcat@CoolcatReport.com.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Information is obtained from a variety of sources. Mr. Kennedy is not a stockbroker or financial adviser. The information provided is not to be considered as a recommendation to buy certain stocks and is provided solely as an information resource to help investors make their own investments. Past performance is no guarantee of future success.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

CoolcatReport.com
Kevin Kennedy, Publisher
PO Box 1126

Sanger CA 93657
Coolcat@CoolcatReport.com

(559) 875-0613

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

If you no longer wish to receive our free newsletters or other mailings, please send a blank email to opt-out@coolcatreport.com.

Market Wrap

INVESTING

Buying

Monster Stocks

on Pullbacks

CoolcatReport.com Publisher Kevin Kennedy shows Forbes readers how patient investors can profit when superstar stocks take a little breather.
Read more at

How to Pick Winners

Discover the best strategies for picking winning stocks and ETFs with The Coolcat Guide to Winning Stocks and The Coolcat ABCs of ETFs.

Spotlight Stocks

New highs and strong volume gainers.

Best Investing Websites

• Yahoo! Finance

• MSN MoneyCentral

• MarketWatch

• Barchart.com

• StockCharts.com

Complete List