Novanta Announces Financial Results for the First Quarter 2019

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Novanta (NOVT) Tops Q1 EPS by 5c, Revenues Beat; Affirms 2Q EPS Guidance Below Consensus, FY19 EOS Views Above Consensus

May 7, 2019 7:15 AM EDT

Novanta (NASDAQ: NOVT) reported Q1 EPS of $0.53, $0.05 better than the analyst estimate of $0.48. Revenue for the quarter came in at $157.2 million versus the consensus estimate of $155.85 million.

First Quarter 2019 GAAP Revenue of $157.2 millionFirst Quarter 2019 GAAP Net Income of $12.3 millionFirst Quarter 2019 GAAP... More