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Technology Stocks : NOVA
NVMI 326.95-5.9%Nov 4 3:59 PM EST

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From: JakeStraw2/15/2011 7:40:10 AM
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Nova Announces 2010 Fourth Quarter and Full Year Results
finance.yahoo.com

Excellent Momentum Lays Foundation for Outperforming the Industry in 2011 for Third Consecutive Year

Highlights for the Fourth Quarter of 2010

- Quarterly revenues of $27.0 million, up 77% year over year
- Gross margin of 57.0%
- Record quarterly net income of $7.5 million, or $0.28 per diluted
share
- Positive cash flow from operating activities of $6.7 million

Highlights for the Full Year 2010

- Revenues of $86.6 million, up 120% year over year
- Products revenues of $71.8 million, up 142% year over year
- Gross margin of 54.7%, up from 44.7% in 2009
- Record net income of $22.2 million, or $0.86 per diluted share
- Positive operating cash flow of $25.8 million
- Doubled Stand Alone Optical CD customer base
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