Financial Data and Key Metrics Changes - Nova achieved record revenues of $213 million in Q1 2025, reflecting a 50% year-over-year growth and a 10% quarter-over-quarter increase [17][18] - Non-GAAP EPS increased by 56% year-over-year, reaching $2.18 per diluted share, while GAAP EPS was $2.03 per diluted share [19] - Blended gross margins were 57% on a GAAP basis and 59.6% on a non-GAAP basis, within the target range of 57% to 60% [18][19] Business Line Data and Key Metrics Changes - Significant revenue growth was noted in Gate All Around and Advanced Packaging Solutions, with record sales from the Prism platform and integrated metrology solutions [9][10] - The software business also achieved record performance, driven by strong sales targeting high-value applications [11] - Service revenues grew more than 30% year-over-year, indicating robust demand across various segments [13] Market Data and Key Metrics Changes - Nova's market share in the thin film and CD metrology segment increased, solidifying its position as the second-largest vendor in this market [6] - Demand for semiconductor manufacturing capacity is driven by AI applications, with stable demand for mature nodes [7][15] Company Strategy and Development Direction - The company is focused on operational excellence and adapting to market dynamics, with a strong emphasis on R&D and sales to support future growth [5][19] - Nova completed the acquisition of Centronics, which is expected to significantly contribute to business growth in Q2 2025 [13][20] - The company is committed to sustainability, as highlighted in its 2025 Sustainability Insights Report, which includes updated KPIs and goals [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to outperform in 2025, despite macroeconomic uncertainties and potential impacts from international trade dynamics [16][22] - The company anticipates continued strong demand patterns in Q2 2025, with revenues expected between $210 million and $220 million [22] Other Important Information - The effective tax rate for Q1 2025 was approximately 15%, and operating expenses increased to $59 million on a GAAP basis [19][20] - The company ended Q1 2025 with $812 million in cash and marketable securities, having deployed $20 million in share buybacks [20] Q&A Session Summary Question: Can you talk about where you are in the gate all around ramp? - Management indicated a strong ramp in the first half of the year, with expectations to meet growth plans, though market conditions may affect the second half outlook [26][27] Question: Can you discuss the size of the opportunity between R&D and high volume manufacturing? - Management noted that initial investments are reflecting pilot lines, with expectations for growth as the business transitions to high volume manufacturing [28] Question: Can you elaborate on the moving pieces for gross margin? - Management explained that gross margin should be viewed on an annual basis, with expected impacts from tariffs and product mix affecting Q2 margins [29] Question: Did you see any revenue impact in China from tariffs? - Management confirmed no significant revenue impact in China, with the main tariff impact being on gross margins [34] Question: What is the margin profile of your backlog? - Management stated that the margin profile of the backlog is similar to recent reported margins [50] Question: What is the outlook for the China business going into the second half? - Management expects nominal value from the China business to remain flat or slightly decline, with a good backlog for upcoming quarters [55]

Financial Data and Key Metrics Changes - Nova achieved record results in both revenue and profitability, with revenues growing 50% year over year and non-GAAP EPS increasing by 56% year over year [4][16] - Total revenues for Q1 2025 reached $213 million, representing a 10% quarter-over-quarter growth and a 50% year-over-year growth [16][17] - Blended gross margins were 57% on a GAAP basis and 59.6% on a non-GAAP basis, attributed to a favorable product mix and higher revenue volume growth [18] - Operating margins reached 30% on a GAAP basis and 34.5% on a non-GAAP basis, surpassing the upper range of the updated target model [19] Business Line Data and Key Metrics Changes - Significant revenue increases were noted in Gate All Around and Advanced Packaging processes, with record sales from the Prism platform and integrated metrology solutions [7][10] - The software business achieved record performance driven by strong sales of the software suite targeting high-value applications [10] - Service revenues grew more than 30% year over year, indicating robust demand across various segments [12] Market Data and Key Metrics Changes - Nova's market share increased significantly in the thin film and CD metrology segment, solidifying its position as the second-largest vendor in this market [5] - Demand for semiconductor manufacturing capacity is robust, driven by AI applications, with stable demand for mature nodes [6][14] - The company expects positive trends to continue, despite macroeconomic uncertainties impacting various sectors [6][14] Company Strategy and Development Direction - The company is focused on operational excellence and adapting to evolving market dynamics, with a strong emphasis on R&D and sales to unlock future growth opportunities [5][19] - Nova completed the acquisition of Centronics and moved into a new facility in Germany, which is expected to significantly enhance its chemical metrology division [12][13] - The company published its 2025 Sustainability Insights Report, highlighting milestones in renewable energy use and greenhouse gas emissions reduction [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to outperform in 2025, despite challenges in visibility due to the current global trade environment [15] - The company anticipates similar strong demand patterns in Q2 2025, with a cautious outlook for the second half of the year due to uncertainties [15][51] - Management noted that while there are concerns regarding customer demand shifts, no significant changes have been observed [42] Other Important Information - The effective tax rate for Q1 was approximately 15%, with GAAP EPS at $2.03 and non-GAAP EPS at $2.18 per diluted share [19] - The company ended Q1 with $812 million in cash and equivalents, having deployed $20 million in share buybacks [20] Q&A Session Summary Question: Can you talk about where you are in the gate all around ramp? - Management sees a ramp in the first half of the year with strong demand and expects to meet growth plans, though market conditions may affect the second half outlook [26][27] Question: Can you discuss the size of the opportunity between R&D and high volume manufacturing? - The initial investments are expected to grow as the business transitions to high volume manufacturing, with growth anticipated in 2025 and 2026 [28] Question: Can you elaborate on the moving pieces for gross margin? - The gross margin is viewed on an annual basis, with expected impacts from tariffs and product mix affecting the second quarter [29] Question: Did you see any revenue impact in China from tariffs? - Currently, there is no observed impact on the top line from tariffs, and service growth is expected to meet targets for 2025 [33] Question: What is the framework for tariff impacts? - The main impact on gross margin comes from the BOM of machines, with most supply chains localized, resulting in a modest impact [35][36] Question: What is the outlook for China in the second half? - The nominal value from the China business is expected to stay flat or slightly decline year over year, with strong performance anticipated in other regions [54]

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 May 2025 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 ☒ Form ...

Core Insights - Nova reported exceptional financial results for Q1 2025, achieving record revenue and profitability, driven by strong demand in AI, Gate-All-Around, and advanced packaging markets [6][9]. Financial Performance - Total revenues for Q1 2025 were $213.4 million, a 10% increase from Q4 2024 and a 50% increase from Q1 2024 [7][9]. - GAAP net income reached $64.8 million, or $2.03 per diluted share, representing a 28% increase QoQ and a 77% increase YoY [9][11]. - Non-GAAP net income was $70.0 million, or $2.18 per diluted share, a 12% increase QoQ and a 56% increase YoY [9][12]. - Gross margin for Q1 2025 was 57%, compared to 56% in Q4 2024 and 59% in Q1 2024 [8][9]. Operational Highlights - The company completed the acquisition of Sentronics metrology GmbH, enhancing its capabilities in wafer metrology tools for backend semiconductor fabrication [9]. - Strong quarterly performance was attributed to increasing adoption of Nova's solutions across various semiconductor process steps [9]. Outlook - For Q2 2025, management expects revenues between $210 million and $220 million, with diluted GAAP EPS projected between $1.70 and $1.88, and diluted non-GAAP EPS between $1.96 and $2.14 [10][26].

Nova Ltd. (NVMI) is set to report its first-quarter 2025 results on May 8.This well-known provider of advanced metrology and process control solutions expects revenues between $205 million and $215 million for the first quarter of 2025. Non-GAAP earnings are anticipated between $2 and $2.16 per share.The Zacks Consensus Estimate for first-quarter 2025 revenues is pegged at $210.4 million, indicating growth of 48.38% from the year-ago quarter’s reported figure. The consensus mark for first-quarter earnings i ...

QIMC Enters Strategic Exploration Agreement with QMET for Nova Scotia Natural Hydrogen and Helium InitiativeMay 06, 2025 7:30 AM EDT | Source: Quebec Innovative Materials Corp.Montreal, Quebec--(Newsfile Corp. - May 6, 2025) - Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce the signing of a strategic exploration contract with Q Precious & Battery Metals Corp. (QMET). This contract encompasses comprehensive district-wide e ...

Group 1 - Bank of Nova Scotia has underperformed compared to its peers in total returns over the last decade [1] - The company is now led by a new CEO who has initiated an ambitious turnaround plan [1] Group 2 - The article highlights the importance of dividend stocks for passive income and retirement planning [1]

Core Insights - Nova Limited (NASDAQ: NVMI) is an Israeli company specializing in metrology solutions crucial for semiconductor fabrication process control [1] - While the broader semiconductor sector has seen a decline of over 20% this year, Nova Limited has not experienced the same level of downturn [1]

Core Insights - Nova has published its second Sustainability Insight Report, detailing its sustainability strategy, vision, goals, and progress since the 2022 Insight Review [1][2] Group 1: Sustainability Achievements - The report highlights Nova's commitment to sustainability, governance, and social responsibility, with updated goals focusing on environmental and social impacts that enhance business performance [2] - Key achievements include 88% renewable energy usage and a significant reduction in scope 1 and 2 greenhouse gas emissions from a 2022 baseline [2] - The company reported a 35% internal mobility rate, a professional certification program for customer service, and a 148% increase in employee volunteering hours from a 2022 baseline, indicating high employee engagement and productivity [2] Group 2: Business Performance and Market Position - Nova's President & CEO stated that environmental, governance, and social priorities are vital for business performance, with significant progress made in 2024 [3] - The company expanded into the advanced packaging market, increased growth in dimensional metrology solutions, and achieved record revenues in materials and chemical metrology solutions [3] - The report was developed in accordance with the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) guidelines, and the United Nations Sustainable Development Goals (SDGs) [3] Group 3: Company Overview - Nova is a leading innovator in metrology and process control solutions for semiconductor manufacturing, providing high-performance solutions that enhance product yields and accelerate time to market [4] - The company's product portfolio combines high-precision hardware and cutting-edge software, offering deep insights for semiconductor manufacturers [4] - Nova is publicly traded on Nasdaq and TASE under the ticker symbol NVMI [5]

Core Insights - The article compares two semiconductor stocks, Infineon Technologies AG (IFNNY) and Nova Ltd. (NVMI), to determine which presents a better value opportunity for investors [1] Valuation Metrics - Both IFNNY and NVMI currently hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook for both companies [3] - IFNNY has a forward P/E ratio of 17.66, while NVMI has a forward P/E of 20.83, suggesting that IFNNY may be more attractively priced [5] - The PEG ratio for IFNNY is 1.43, compared to NVMI's PEG ratio of 1.46, indicating that both companies have similar growth expectations relative to their valuations [5] - IFNNY's P/B ratio is 1.99, significantly lower than NVMI's P/B of 5.46, further supporting the argument that IFNNY is undervalued [6] - Based on these valuation metrics, IFNNY earns a Value grade of B, while NVMI receives a Value grade of C, indicating a stronger value proposition for IFNNY [6] Conclusion - Overall, while both stocks have solid earnings outlooks, IFNNY is identified as the superior value option based on the discussed valuation figures [7]