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TheStreet Open House

Nova Reaffirms 2012 Fourth Quarter Guidance

Stocks in this article: NVMI

REHOVOT, Israel, January 14, 2013 /PRNewswire/ --

Nova Measuring Instruments Ltd. (Nasdaq: NVMI), provider of leading edge stand alone metrology and the market leader of integrated metrology solutions to the semiconductor process control market, announced today that it is reaffirming its 2012 fourth quarter guidance. As discussed on the company's October 31, 2012 conference call, Nova expects revenues of $18.5-$22 million, with diluted earnings per share of $0.01-$0.10 on a GAAP basis, and diluted earnings per share of $0.00-$0.08 on a Non-GAAP basis, for the fourth quarter of 2012.

In addition to reaffirming Q4 2012 guidance, Gabi Seligsohn, President and CEO, will discuss the business outlook given the recent increase in bookings, and describe the company's strategy for 2013 and beyond, when addressing the 15th Annual Needham Growth Conference on January 15, 2013.  

The presentation materials and the audio webcast of the Annual Needham Growth Conference will be available on the company's website at http://www.novameasuring.com.

Nova plans to announce fourth quarter and full year results and give financial guidance for the first quarter of 2013 on Monday, February 18, 2013. In conjunction with this release, Nova will host a conference call later that same day. Dial-in details for this conference will be provided in a separate press release.

About Nova : Nova Measuring Instruments Ltd. develops, produces and markets advanced integrated and stand alone metrology solutions for the semiconductor manufacturing industry. Nova is traded on the NASDAQ & TASE under the symbol NVMI. The Company's website is http://www.novameasuring.com

This press release provides financial information that is not calculated in accordance with generally accepted accounting principles (GAAP). Management believes that these non-GAAP financial information provides meaningful supplemental information regarding Nova's performance because it reflects our operational results and enhances management's and investors' ability to evaluate Nova's performance before charges or benefits considered by management to be outside Nova's ongoing operating results.

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