Nova Reports Third Quarter 2023 Financial Results
Based on current estimates, management expects:
- Based on current estimates, management expects:
Total revenues for the third quarter of 2023 were $128.8 million, an increase of 5% compared with the second quarter of 2023 and a decrease of 10% compared with the third quarter of 2022. - Gross margin in the third quarter of 2023 was 56%, compared with 57% in the second quarter of 2023 and 56% in the third quarter of 2022.
- Operating expenses in the third quarter of 2023 were $38.1 million, compared with $40.9 million in the second quarter of 2023 and $41.9 million in the third quarter of 2022.
- Nova will host a conference call today, November 09, 2023, at 8:30 a.m. Eastern Time, to discuss the Company's third quarter 2023 financial results and outlook.