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

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

Novanta Announces Financial Results for the First Quarter 2019

May 7, 2019 6:59 AM EDT

First Quarter 2019 GAAP Revenue of $157.2 million First Quarter 2019 GAAP Net Income of $12.3 million First Quarter 2019 GAAP Diluted Earnings Per Share of $0.35 First Quarter 2019 Adjusted Earnings Per Share of $0.53 First Quarter 2019 Adjusted EBITDA of $28.2 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 first quarter 2019.

Financial Highlights

Three Months Ended (In millions, except per share amounts) March 29, March 30, 2019 2018 GAAP Revenue $ 157.2... More