Novanta (NOVT) Tops Q3 EPS by 9c, Revenues Beat; Offers FY18 EPS Guidance Above Consensus

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Go back to Novanta (NOVT) Tops Q3 EPS by 9c, Revenues Beat; Offers FY18 EPS Guidance Above Consensus

Novanta Announces Financial Results for the Third Quarter 2018

November 6, 2018 6:59 AM EST

Third Quarter 2018 GAAP Revenue of $160.8 million, up 10% year over year Third Quarter 2018 GAAP Net Income of $14.6 million Third Quarter 2018 GAAP Diluted Earnings Per Share of $0.60 Third Quarter 2018 Adjusted Earnings Per Share of $0.61 Third Quarter 2018 Adjusted EBITDA of $34.2 million

BEDFORD, Mass.--(BUSINESS WIRE)-- Novanta Inc. (Nasdaq: NOVT) (the Company), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the third quarter 2018.

Financial Highlights

Three Months Ended (In millions, except per share amounts) September 28, September 29, 2018 2017 GAAP... More