Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI), which provides integrated metrology solutions to the semiconductor process control market, today announced that it has received $10 million of new orders. Together with previously announced orders in the fourth quarter of 2009, Nova is expected to set an all time record of quarterly orders.
The orders were received from several customers for stand-alone optical CD, integrated metrology and software products. Most of these orders are scheduled for delivery in the first quarter of 2010.
Nova president and CEO Gabi Seligsohn said, "Our recent market share gains and penetration to new customers, combined with the swift recovery in industry spending patterns, are expected to result in a very strong finish for the year, in terms of revenues, profitability and year-end backlog."
Nova's share rose 10.5% on the TASE today to NIS 20.57. The share closed on Nasdaq yesterday at $4.82, giving a market cap of $93.59 million.
Published by Globes [online], Israel business news - www.globes-online.com - on December 21, 2009
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