08:17 AM EDT, 08/08/2024 (MT Newswires) -- Nova (NVMI) reported Q2 non-GAAP earnings Thursday of $1.61 per diluted share, compared with $1.06 a year earlier.

Analysts surveyed by Capital IQ expected $1.36.

Revenue for the quarter ended June 30 was $156.9 million, compared with $122.7 million a year earlier. Analysts surveyed by Capital IQ expected $148.1 million.

The company expects Q3 non-GAAP EPS of $1.60 to $1.73 on revenue of $168 million to $176 million.

Analysts expect adjusted earnings of $1.39 on revenue of $152.8 million.

Shares of Nova were up nearly 8% in recent premarket activity.

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