Novanta (NOVT) Tops Q2 EPS by 8c

Novanta (NASDAQ: NOVT) reported Q2 EPS of $0.41, $0.08 better than the analyst estimate of $0.33. Revenue for the quarter came in at $119.1 million versus the consensus estimate of $111.4 million.

GUIDANCE:

Novanta sees FY2017 EPS of $1.40-$1.46, versus the consensus of $1.30. Novanta sees FY2017 revenue of $497-502 million, versus the consensus of $443.6 million.

Novanta sees Q3 2017 EPS of $0.34-$0.39, versus the consensus of $0.34. Novanta sees Q3 2017 revenue of $130-135 million, versus the consensus of $111.5 million.

For earnings history and earnings-related data on Novanta (NOVT) click here.

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