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NOVA Company Contact : Dror David , Chief Financial Officer Tel : + 972-73-229-5760 E - mail - investors@novami.com Nova website link - https://www.novami.com/ Investor Relations Contact : Miri Segal MS - IR LLC Tel : + 917-607-8654 E - mail - msegal@ms-ir.com PROCESS INSIGHT Nova Reports Record Third Quarter 2021 Results Rehovot , Israel , November 4 , 2021 - Nova ( Nasdaq : NVMI ) today announced record financial results for the third quarter of 2021 , the period ended September 30 , 2021 . Third Quarter 2021 Highlights : Record quarterly revenue of $ 112.7 million , up 62 % year over year Record GAAP net income of $ 30.3 million , or $ 1.02 per diluted share , up 113 % year over year on a per - share basis Record non - GAAP net income of $ 34.5 million , or $ 1.16 per diluted share , up 104 % year over year on a per - share basis Record materials metrology revenue driven by expanded product portfolio and new logic penetration Continuous adoption of the NovaPRISM® standalone platform across segments and customers GAAP Results ( $ K ) Revenues Net Income Earnings per Diluted Share NON - GAAP Results ( SK ) Net Income Q3 2021 $ 112,713 $ 30,335 $ 1.02 Q3 2021 $ 34,546 $ 1.16 Q2 2021 $ 97,746 $ 22,924 $ 0.77 Q2 2021 $ 26.886 $ 0.90 Q3 2020 $ 69,485 $ 13,869 $ 0.48 Q3 2020 $ 16,511 $ 0.57 Earnings per Diluted Share A reconciliation between GAAP operating results and non - GAAP operating results is provided following the financial statements that are part of this release . See also " Use of Non - GAAP Adjusted Financial Measures " section . Management Comments " We remain confident in our strategy and the long - term value we create for our customers as they move towards production of next - generation devices across all technologies and segments . With the global surge in demand and the commensurate challenges to production capacity , our technology value continues to resonate strongly with a wide range of customers . This was demonstrated in the third quarter by several selection wins and by the successful proliferation of our industry - leading technologies , " commented Eitan Oppenhaim , President and Chief Executive Officer . " The increasing demand for our innovative portfolio along with the current market demand , paves us the way to another outperformance year in 2021 and builds a solid momentum towards 2022. " 2021 Fourth Quarter Financial Outlook Management provided an outlook for the fourth quarter , the period ending December 31 , 2021. Based on