FORM 6-K
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of the Securities
Exchange Act of
1934
October 13 , 2004
Building 22 Weitzmann
Science Park, Rehovoth
P.O.B 266
[Indicate by check mark whether the
registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
[Indicate by check mark whether the
registrant by furnishing the
information contained in this Form is also thereby
furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities
Exchange Act of 1934.
Yes o No x
If Yes is marked,
indicate below the file number assigned to the
registrant in connection with Rule
12g3-2(b): N/A.
Attached hereto and incorporated by way of reference herein the Registrants notice regarding 2004 Third Quarter Financial Outlook
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
October 13, 2004 |
Nova Measuring Instruments Ltd Nova Measuring Instruments Ltd (the "Registrant") BY: /S/ Chai Toren Chai Toren Chief Financial Officer |
Company Contact: | Investor relations Contacts: |
Chai Toren, CFO and Vice President | Ehud Helft / Kenny Green |
Nova Measuring Instruments Ltd. | Gelbart Kahana |
Tel: 972-8-938-7505 | Tel: +1-866-704-6710 |
E-mail: info@nova.co.il | E-mail: Ehud@gk-biz.com |
http://www.nova.co.il | Kenny@gk-biz.com |
The company sees a 5-8% sequential revenue growth in the third quarter of 2004 over the US$10.2M of revenue reported in the second quarter, and more than 45% over the US$7.4M revenue reported for the third quarter of last year, inline with previously provided guidance.
Rehovot, Israel October 12, 2004 Nova Measuring Instruments Ltd. (NASDAQ: NVMI) announced that revenues for the third quarter of 2004 are expected to grow sequentially by 5-8% (between US$10.7M-11.0M) or over 45% compared with revenues reported for the third quarter of 2003, in line with the guidance provided last quarter for the third quarter results.
For the fourth quarter of 2004, the
company expects a flat to moderate revenue growth of 0-4% sequentially, or about 75%
growth year-over-year. The more conservative sequential revenue growth rate is based on a
slowing down industry growth rate and the decline in the Book to Bill ratio (which
remained above unity).
Revenues in the third quarter of 2004 grew for all of the
companys products: dielectric CMP, copper CMP, 200 and 300mm systems, and the
Companys Optical CD systems. Longer term, despite the most recent Dataquest
projection of a 0.6% decline for the Wafer Fabrication Equipment (WFE) in 2005, the
company still expects to see growth, primarily in the new products for copper CMP and
Optical CD, stand alone and integrated.
Final results for the third quarter 2004 will be
discussed during the companys scheduled conference call on November 11, 2004.
Dr. Giora Dishon, President & CEO of Nova Measuring Instruments, said, We continue to see growth in our operations across all areas of our activities, which will continue for the rest of the year. We believe the industry will continue to grow for the more advanced technology nodes, at 90nm and 65 nm, and we will continue to support our broad customer base. The wide range of growth supports our longer term goals, yet we maintain a level of caution as a result of the limited visibility and the overall lower growth rates.
Nova Measuring Instruments Ltd. (NASDAQ: NVMI) develops, designs and produces integrated process control systems for the semiconductor manufacturing industry. Nova provides a broad range of integrated process control solutions that link different semiconductor processes and process equipment. The Companys website is www.nova.co.il.