Novanta (NOVT) Tops Q2 EPS by 3c
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Novanta Names Matthijs Glastra Chief Executive Officer
August 2, 2016 4:30 PM EDTBEDFORD, Mass., Aug. 2, 2016 /PRNewswire/ -- Novanta Inc. (NASDAQ: NOVT) (the "Company", "we", "our", or "Novanta"), a global leader and supplier of laser, precision motion, and vision technologies to original equipment manufacturers in the medical and advanced industrial markets, today announced that it has named Matthijs Glastra as Chief Executive Officer and a director of the Company, effective September 1, 2016. Mr. Glastra currently serves as Novanta's Chief Operating Officer, and will succeed John Roush as Chief Executive Officer. Mr. Roush will continue to serve in an advisory role after September 1, 2016 for a limited... More
Novanta Announces Financial Results for the Second Quarter of 2016
August 2, 2016 4:01 PM EDT- Second Quarter 2016 GAAP Revenue of $97.7 million
- Second Quarter 2016 GAAP Net Income of $4.9 million
- Second Quarter 2016 GAAP Earnings Per Share of $0.14
- Second Quarter 2016 Adjusted Earnings Per Share of $0.27
- Second Quarter 2016 Adjusted EBITDA of $17.3 million
BEDFORD, Mass., Aug. 2, 2016 /PRNewswire/ --Â Novanta Inc. (NASDAQ: NOVT) (the "Company", "we", "our", "Novanta"), a global leader and supplier of laser, precision motion, and vision technologies to original equipment manufacturers in the medical and advanced industrial markets, today reported financial results for the second quarter of... More
