Novanta (NOVT) Tops Q1 EPS by 7c

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Novanta Announces Financial Results for the First Quarter 2017

May 8, 2017 9:01 AM EDT

- First Quarter 2017 GAAP Revenue of $109 million, up 21% year over year

- First Quarter 2017 GAAP Net Income of $34.3 million

- First Quarter 2017 GAAP Diluted Earnings Per Share of $0.98

- First Quarter 2017 Adjusted Earnings Per Share of $0.31

- First Quarter 2017 Adjusted EBITDA of $20.0 million

BEDFORD, Mass., May 8, 2017 /PRNewswire/ -- Novanta Inc. (NASDAQ: NOVT) (the "Company" or "Novanta"), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the first quarter 2017.

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