second will our call. quarter financial Miri you, performance results Thank results start speaking about call our I today second by quarter highlights. and and welcome to the conference everyone
acceleration Dror that commentary, its quarter with results The and customers, my in offerings is conclude financial quarter's we'll with of Following our by Nova evolving company's our and quarter business for review our detail, revenue another strong robust profitability propelled will our third guidance. reflected performance and delivering XXXX. guidance results the compelling the the outstanding maintained performance across position technology exceeded geographies, growing and continued as nodes. the in in
more in the level our last reflecting and while another our Our XX% year record approximately Moreover, net well. growth non-GAAP our than pace year-over-year, the income, non-GAAP grew XX% our net high, same income results revenue of XX% XXXX growth shows to period and record and the value portfolio led consistent business to as result reached XX% in exceptional to which first in customers revenues comparing outperform leverage approximately year-over-year come. demonstrating the around strategic a of the by model to company's our momentum years our performance continue period. demanding and in growth our that The are we the our are to our strong plans is demonstrating innovative the in this execution, brings profitable embedded half is
model operating production to growing XX% meet strengthen efforts by to expect increase this our resiliency more company flexible customers' Our concentrated year. demand than across and as allow to the output the we us our our
expect we reflected strong our data well of the current expectation we an high industries for in the silicon computation fuel the to powerful continuous customers and to driving In volume. WFE to continues both supported advanced positive market our of solid reap growing end strong currently record all in year-over-year forecasting another As This our our with in base traditional applications technologies strategic multiple for are demand approximately to XX% XXXX support threshold. trailing for multiple stronger financial and elevated for and digitization executed the management revenue demand results, and of the extended that and demand semiconductor growing The combined spending. the multiyear customers. continued our infrastructure. network and impetus for strengthen geographies. innovative on is broader initiatives $XXX dynamics, by across by continues position as cross propelled will in our approach segments our Based commitment million million benefits exposure all customer nodes represent are across to quarterly multiple expand part around a environment Achieving to record for plans semiconductor solutions, current demand expectations we in experiencing our that, our and growth year our $XXX in with bookings optional upside the business
gain contribution semiconductor resonate resulting a the even three support These markets new plan to increase numerous plays The expect from supply with independence capital China the new well for global territories; building well our Taiwan, Korea, semiconductors, also this for throughout applications, extend complexity big of within us market with the and our position into opportunities devices for increasing years and addition expand with several in against and in several by technical elevates and and in intention device the solutions with growing open region. record are America spending. contributing revenue manufacturer the backdrop next-generation for achieve based embedded in globally, XX% share. expand the metrology investments, our chain In WFE expansions our Moreover, critical Furthermore, tailwinds and in next this available and regional growth in we several broad which copious and results and several demand different attach equipment in balanced momentum materials complexity rates the combined each. dimensions in-die the continents our we prevail push to well business nations requires drivers, in strong XXXX metrology demand as complexity, innovative their of China improve both this to North and space for which two control. market demand new solutions US, XXXX. inline to position penetrations On top continues and the on
increase new In existing customers focused outputs. by are for investments overall utilizing on the advanced lines improve addition optimizing to also devices, performance fabrication their to demand and
XX% in nodes, the systems were revenue the memory between the to result, in half from driving edge are trailing As nodes a we and logic delivery nodes. coming around first trailing experiencing also growth balance
our utilize another stood our solutions the broad fleet Additionally, growth to are offering to this record many increases installed manufacturing productivity. service customers and extend to base high with lifespan quarter. activity, we business range year these better lines, of This volume a their customers, upgrade up this high over
all pleased connected to milestones like to during two our strategy. are I with emphasize would the major closely we achievements quarter, Although our
for tools, customers. The first growing optical the one is demand across the prism numerous mainly standalone CD
capabilities as more suitable accurate with DRAM for in well is industry Logic new most channels through software resonates architectures faster scale our our extensive solution multiple Memory XD and advanced in either customers process transition, include devices. multi-stack unique While solution that going optical novel with technical or along the
we a our strong expect growing revenue standalone of rest As for the quarter result the high as second momentum a this record year and in traction, well. hit of the
we The is clarify this the business that second progress brought service software three fault we management. our like our made discuss upgrades, system, exclude towards forward long-term with advanced I when another point, our software to on management our learning and At growth upgrades model. business software engines sequence revenue and milestone or only fleet common sales quarter. we would record version concentrate modeling, this and solutions software These deep in drive engines,
our market. improve Nova FIT, very is deep gaining offering time the we space, as this the customers Nova learning while in increase in portfolio Specifically differentiator are encouraged FIT and suite yield to who key stands to accuracy our reducing our solution market. to strive in traction by a
released hundreds of testing. is the that front ultimate so based measurement testing. Today's in is fully of Our process the produced more make and several electrical with different the and from the optical of be sometimes data end The solution functional results performed of handle is accumulated and advanced and and to during time manufacturing before it fast introduced importance XXX,XXX massive process test algorithms. production that with example already our along insights process the on completed accuracy. the to of analyzes tools process cycle and process the device offering immense device amount complicated is measurements customers knowledge growing calculate Nova takes the until is deliver data during to can that to predict of a faster predict our months FIT unmatched wafer One the a goal that from very functionality and manufacturing amount steps from efficient, To data electrical weeks highest with accuracy. the over a analyze fabrication is silicon months next can
different the like Our based support that optical the in the sensors our the and for announced basis in during steps. model combination and ability portfolio manufacturing, to that organically achievements complexity we our a hundreds by CD advanced lines conditions, metrology device business presented Analyst have typical four production of we favorable on having our of diversified and during market a and new more node, Analyst as Day, expectations increased deliver integrated multiple plan revenue. the to different our XXX in to standalone model, for to recently In in and Day million metrology $XXX growth Encouraged tens outperformance. The systems. is solid solutions can business The tools our Investor Investor based of which meet are than is grow our strategic further Nova plan x-ray consistent and ability our tools, pillars on success.
inclusion combines approach and talent investment in continuous with The to first culture along one talent and is nurture towards management our that and acquisition aggressive transparency execution winning. the diversity
is while to new performance. the pillar elevated continuous and ELIPSON solutions come our to short to in keep materials market both are long on and are focus spending R&D new both hardware the customers the PRISM metrology and which rolling harbingers The The software new products. the more of improve technologies in architectures to innovative second out using the period, and
globally. increasing highly it for a a measure tools market. of our These responsible and wafers to service advanced The average, year very that are accurate drives. third we base major tools revenue and the improvements yield and of pillar deliver are installed hundreds is all the thousands On day
while our is to fabrication while our already our which investment able part deliver constantly provide increasing increased in existing long-term year, as can of new new leverage to this profitability complex these products in software map, final including traditional to grew tools significantly the supports our with our and our be road our we profit. we more see for and handle leverage We customers model. pillar more As R&D model technologies, investment developed and packages upgrade in we production in materialized approximately devices all develop XX% operational The us to lines. products hardware capabilities output on continued this allowing
explain to Before quarter the a detail, XXXX our has I first me to heights. highlights achieving and half multiple records more in just of this call let remarkable financial recap quarter. performance It in hand over been Dror our
rising see financial challenge technologies form best. their opportunities we in to portfolio who Dror? of across results the that, the extremely of to over the innovative proud the bears in abundance teams to strategy as are review an and in our to fruit unexpanded growing ahead, and unique hand to I'm With growing Dror market. at Looking performing continue invest let addressable call globe me detail. of our our
