Nova Ltd.'s board of directors authorized a new share repurchase program allowing for the buyback of up to $200 million of ordinary shares. The company intends to fund these purchases using available cash through open market transactions, privately negotiated deals, or other legally permissible means at prevailing prices. Management stated that this authorization reflects confidence in Nova's long-term growth strategy and strong financial position, while preserving capacity for strategic acquisitions. This is a new program rather than an update on existing buybacks. Nova Ltd. operates in the semiconductor manufacturing industry as a provider of material, optical, and chemical solutions for advanced metrology and process control.

Nova Ltd. reported record second quarter 2026 financial results, posting revenue of $255.0 million, an 8% increase from the first quarter and a 16% year-over-year rise. GAAP net income reached $75.0 million, or $2.20 per diluted share, while non-GAAP net income was $86.5 million, or $2.51 per diluted share. The company provided third quarter 2026 guidance expecting revenue between $277 million and $287 million, with diluted GAAP EPS projected at $2.46 to $2.61. Nova operates in the semiconductor industry, providing material, optical, and chemical metrology solutions for advanced process control.

Nova Ltd. announced it will release its second quarter 2026 financial results on August 6, 2026, before the Nasdaq market opens. President and CEO Gaby Waisman and CFO Guy Kizner will host a conference call to review the results on the same day at 8:30 a.m. Eastern Time. Nova Ltd. provides advanced metrology and process control solutions for semiconductor manufacturing.

Nova Ltd. announced the selection of its Nova WMC™ platform by a leading global foundry customer for multiple layers' measurement in advanced packaging processes. The platform's adoption is accelerating across several memory and foundry customers. Nova is a provider of material, optical, and chemical solutions for advanced metrology and process control in semiconductor manufacturing.