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Nova .(NVMI) - 2025 Q4 - Annual Report
2026-02-17 12:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2026 Commission File No.: 000-30668 NOVA LTD. (Translation of registrant's name into English) 5 David Fikes Street, Rehovot, Israel (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ ...
Nova Reports Fourth Quarter and Record Full Year 2025 Results
Prnewswire· 2026-02-12 12:30
Core Insights - Nova reported record financial results for the fourth quarter and full year 2025, highlighting strong demand in semiconductor manufacturing, particularly for AI-related applications [1][2]. Financial Performance - **Fourth Quarter 2025 Highlights**: - Non-GAAP net income reached $72.2 million, or $2.14 per diluted share, a 10% increase year-over-year (YoY) [1]. - GAAP net income was $64.7 million, or $1.94 per diluted share, a 23% increase YoY [1]. - Quarterly revenue totaled $222.6 million, reflecting a 14% increase YoY [1]. - **Full Year 2025 Highlights**: - Record annual revenue of $880.6 million, up 31% from $672.4 million in 2024 [1]. - Non-GAAP net income for the year was $282.6 million, or $8.62 per diluted share, a 29% increase YoY [1]. - GAAP net income for the year was $259.2 million, or $7.96 per diluted share, a 38% increase YoY [1]. Operational Metrics - **Gross Margin**: - Fourth quarter gross margin was 57.6%, compared to 56.7% in Q3 2025 and 56.4% in Q4 2024 [1]. - Full year gross margin was 57.4%, slightly down from 57.6% in 2024 [1]. - **Operating Expenses**: - Q4 operating expenses were $67.5 million, up from $63.6 million in Q3 2025 and $54.5 million in Q4 2024 [1]. - Full year operating expenses totaled $251.7 million, compared to $199.5 million in 2024 [1]. Strategic Outlook - Management expressed confidence in Nova's positioning to capitalize on the upward investment cycle in 2026, supported by a broad-based momentum and expanding metrology portfolio [1][2]. Guidance for Q1 2026 - Management expects diluted non-GAAP EPS to be between $2.13 and $2.25, and diluted GAAP EPS to be between $1.90 and $2.02, with revenue projected between $222 million and $232 million [1].
QMET Acknowledges Regulatory Approval Granted to Québec Innovative Materials Corp. in Nova Scotia and Highlights Positive Momentum for Cumberland Basin Activities
TMX Newsfile· 2026-02-05 14:00
Core Viewpoint - Q Precious & Battery Metals Corp. (QMET) acknowledges the regulatory approval received by Québec Innovative Materials Corp. (QIMC) for drilling activities in Nova Scotia, marking a significant advancement in natural hydrogen exploration in the region [1][2]. Group 1: Regulatory Approval and Collaboration - QMET congratulates QIMC on achieving the regulatory milestone, which is seen as a constructive development for QMET's own exploration initiatives in Nova Scotia [2][3]. - QMET maintains a working relationship with QIMC, which is leading QMET's exploration program in Nova Scotia, indicating that QIMC's regulatory progress is beneficial for QMET's exploration efforts [3][4]. Group 2: Exploration Strategy and Market Context - QMET is advancing its Cumberland Basin Project through a disciplined approach focused on geological interpretation, data integration, and stakeholder engagement, which is expected to enhance understanding of regional geological potential [4][5]. - The company emphasizes the importance of energy security and the need for low-carbon energy solutions, aligning its exploration activities with the growing demand for off-grid energy sources, particularly for power-intensive infrastructure [5]. Group 3: Company Overview - Q Precious & Battery Metals Corp. is a Canadian natural resource exploration company with 100% ownership of mineral projects in Quebec and Nova Scotia, focusing on critical and precious metals, as well as natural white hydrogen [6].
QIMC Secures Second Regulatory Approval in Advocate Area, Advancing Back-to-Back Phase 1 Drilling Programs in Nova Scotia
TMX Newsfile· 2026-02-05 12:20
Core Viewpoint - Québec Innovative Materials Corp. (QIMC) has received a Notice of Approval for Phase 1 drilling at the Bennett Hill Project in Nova Scotia, marking a significant milestone in its operations within a promising hydrogen district [1][2]. Group 1: Drilling Approvals and Projects - The approval for Bennett Hill is the second drilling authorization granted to QIMC in the Advocate area, following the Eatonville Project [2]. - These approvals enable QIMC to execute back-to-back Phase 1 drilling programs, enhancing operational continuity and optimizing contractor utilization [4]. - QIMC plans to transition from the Eatonville drilling directly into Bennett Hill upon completion of initial activities, with each Phase 1 program consisting of three-hole drill campaigns targeting priority geological zones [5]. Group 2: Strategic Development and Future Plans - QIMC is advancing permitting and technical review work in the Little Forks area of Nova Scotia, which is being evaluated for future Phase 1 drilling approvals [6]. - The company emphasizes a repeatable and scalable development strategy, demonstrating its commitment to executing multiple projects within the same district [3]. Group 3: Company Overview - QIMC is a mining exploration and development company focused on unlocking North America's natural resources, specializing in white hydrogen and high-grade silica deposits [7]. - The company is dedicated to sustainable development and environmental stewardship, aiming to support clean energy solutions for a carbon-neutral economy [8].
Delta Reports New Gold Intercept at Nova Target in Wedge Area, 4 Kilometres West of Eureka; Follow-Up Drill Program Underway
TMX Newsfile· 2026-02-04 12:37
Core Insights - Delta Resources Limited has discovered a potential new gold zone in the Wedge area, approximately 4 kilometers west of the Eureka Gold Deposit in Thunder Bay, Ontario [1] - The company has initiated a follow-up drill program of 1,400 meters at its flagship Delta-1 Property, which is located about 50 kilometers west of Thunder Bay [1] Drill Program Highlights - The recent drill program consisted of 26 holes totaling 5,237 meters [5] - Notable assay results include a new gold intercept in hole D1-25-153 at the Nova target, returning 1.11 g/t Au over 10.3 meters [5] - Confirmation of gold mineralization at the Wedge Zone was achieved in hole D1-25-152, which yielded 0.23 g/t Au over 7 meters [5] Geological Insights - The Wedge area has shown a strong gold anomaly, with mineralization occurring in at least two distinct styles, indicating a complex gold system [8] - The previously identified Wedge Zone has been verified through multiple surface sampling programs, with significant potential for extension along-strike [9] - A new style of mineralization associated with massive pyrite lenses was observed in drill hole D1-25-153, corresponding with a 500-meter long VTEM anomaly [12] Future Exploration Plans - The follow-up drilling will focus on expanding the footprint of the Wedge Zone, testing the extent of gold-bearing massive pyrite lenses, and drill testing the Kaspar Target [14] - The strategic location of the Delta-1 property near Thunder Bay enhances the project's economic viability, supported by positive results from neighboring projects [4] Company Background - Delta Resources is a Canadian mineral exploration and project development company focused on the Delta-1 project, which features a large, near-surface gold deposit extending 2.5 kilometers in strike length [24] - The property covers 297 square kilometers and contains multiple corridors of intense alteration and deformation, many of which remain under-explored [25]
Needham Notes that Semiconductor Equipment Recovery Is Boosting Nova Ltd. (NVMI)
Yahoo Finance· 2026-02-02 14:27
We recently compiled a list of 10 High Growth Technology Stocks That Are Profitable. The fifth stock on our list is Nova Ltd. TheFly reported on January 20 that Needham upgraded NVMI from Hold to Buy with a $500 price target. The firm noted that improving conditions in the semiconductor equipment sector are expected to benefit NVMI and its peers, while the company’s unique exposure to China’s memory wafer fabrication market could drive further outperformance this year. Recent commentary from the Needham G ...
Nova Leap Health Corp. Launches Palliative Care Division In Nova Scotia Through Earth Angels Home Care
Globenewswire· 2026-02-02 12:00
Core Viewpoint - Nova Leap Health Corp. has launched a dedicated Palliative Care division in Nova Scotia through its subsidiary, Earth Angels Home Care, to address the growing demand for home-based palliative care services as the population ages and more Canadians prefer to receive end-of-life care at home [1][3]. Group 1: Palliative Care Division Launch - The new division aims to provide person and family-centered palliative support for individuals with life-limiting illnesses, focusing on comfort, dignity, and quality of life in a home setting [2][4]. - The launch is seen as a natural extension of Earth Angels' existing services in Nova Scotia, emphasizing the company's commitment to enabling seniors and individuals with complex needs to remain safely at home [4][5]. Group 2: Market Demand and Positioning - There is a growing demand for palliative care services in Nova Scotia, driven by an aging population and a national trend where the majority of Canadians express a desire to die at home [3]. - Nova Leap believes that home care providers are uniquely positioned to bridge the gap in access to coordinated home-based palliative care by collaborating with families, clinicians, and the broader healthcare system [3][5]. Group 3: Service Offerings and Future Plans - Earth Angels' palliative care services will include nursing-led symptom management, medication administration, and close coordination with families and primary care providers [7]. - The company plans to evolve the palliative care division over time, focusing on quality, workforce readiness, and collaboration with healthcare partners, with potential scalability to other Canadian jurisdictions in the future [5][6].
Nova Announces Adoption of Metrion® by Two Leading Global Manufacturers
Prnewswire· 2026-01-29 13:00
Core Insights - Nova has successfully adopted its Nova Metrion platform by leading global manufacturers in Memory and Logic device production, specifically for Gate-All-Around (GAA) and advanced DRAM device production, which enhances performance and yield [1][2][3] Group 1: Product and Technology - Nova Metrion is the first fully automated Secondary Ion Mass Spectrometry system validated for inline production process control, enabling full-wafer mapping and rapid return on investment by identifying process excursions in near-real time [4] - The platform is designed to deliver high-precision metrology results for complex film stacks in both logic and memory devices, generating compositional profiles that monitor critical properties such as dopant concentration and contamination levels [4] Group 2: Market Position and Strategy - The adoption of Nova Metrion signifies a significant milestone in market penetration, expanding Nova's materials metrology footprint in critical technology areas driving semiconductor growth [2] - The company's commitment to supporting advanced technology transitions is highlighted by the adoption of its solutions across both Logic and Memory segments, reflecting the strength of its product portfolio [3] Group 3: Company Overview - Nova is a key provider of material, optical, and chemical solutions for advanced metrology and process control in semiconductor manufacturing, focusing on continuous innovation and high-performance solutions [5] - The company aims to improve performance, enhance product yields, and accelerate time to market for its customers, acting as a partner to semiconductor manufacturers globally [5]
Israeli chip equipment stocks outperform on Wall Street
En.Globes.Co.Il· 2026-01-27 11:13
Core Viewpoint - The semiconductor equipment sector is experiencing significant growth, driven by increased demand for chips, particularly due to advancements in artificial intelligence (AI) [1][2][3]. Group 1: Stock Performance - The S&P 500 has only risen by 1% since the start of 2026, while Lam Research, Applied Materials, and KLA have outperformed with increases of 27.6%, 25.8%, and 24.6% respectively [1]. - Israeli companies Nova Ltd. and Camtek have seen stock increases of 38% and 34% respectively during the same period, with Nova achieving a market cap of $13.7 billion and Camtek at $6.6 billion [2]. Group 2: Market Demand and Investment - The demand for semiconductor equipment is rising due to the accelerated development of AI, leading to increased investments in wafer fabrication equipment (WFE), which is expected to reach $160 billion this year, up from a previous forecast of $135 billion [4]. - There is a significant demand for memory chips, advanced packages, and processors to support data centers, alongside a shortage of production capacity, prompting increased investment budgets [5]. Group 3: Future Outlook - Analysts from Cantor predict that the AI infrastructure investment cycle is just beginning and will accelerate between 2026 and 2028, positively impacting major companies like KLA, Lam Research, and ASML [6]. - Cantor expects these companies to report improved orders and a positive outlook for 2026, supported by a strong AI computing cycle [6]. Group 4: Recommendations and Price Targets - Cantor maintains a balanced risk/reward ratio for Nova ahead of upcoming reports, recommending it for long-term investment, while suggesting a neutral stance on Camtek due to uncertainties regarding order timing [9]. - Bank of America has raised price targets for Nova to $450 and for Camtek to $160, indicating confidence in their future performance [9].
Purepoint Commences 2026 Drilling Program At Dorado Following Nova Uranium Discovery
TMX Newsfile· 2026-01-26 11:30
Core Viewpoint - Purepoint Uranium Group Inc. has commenced drilling at the Dorado Project as part of a joint venture with IsoEnergy Ltd, aiming to expand the high-grade Nova Uranium Discovery and advance other priority targets across the property [1][3]. Winter 2026 Nova Expansion Program - The winter drill program is the first phase of a fully approved multi-campaign exploration initiative at Dorado, following the 2025 Nova Discovery which reported uranium grades of up to 8.1% U₃O₈ over 0.4 meters within 2.1 meters of 1.6% U₃O₈ in hole PG25 07A [2][8]. - Drilling will focus on systematic step-outs along the mineralized structure, specifically targeting the northeastern extension where the strongest uranium mineralization has been found [5][8]. Advancing a District Scale Opportunity - The Dorado Project includes multiple priority target areas characterized by conductive corridors, fault structures, and favorable graphitic lithologies [6][15]. - An airborne magnetotellurics survey is planned for later this winter or early spring to refine deeper structural targets across several grids, supporting ongoing district-scale evaluation of the joint venture land package [6]. Future Plans - A helicopter-supported summer drill program is planned to test additional targets across the Dorado Project, contingent on the results from the winter drilling [7][8]. - The winter program will include up to 10 drill holes totaling approximately 4,300 meters, focusing on the corridor between holes PG25-03 and PG25-07A, which has an 800-meter strike length with the strongest mineralization currently toward the northeast [8].