Novanta (NOVT) Tops Q2 EPS by 3c, Revenues Beat; Offers 3Q Revenue Guidance Below Consensus

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Novanta Announces Financial Results for the Third Quarter 2020

November 10, 2020 6:59 AM EST

Third Quarter 2020 GAAP Revenue of $143 million Third Quarter 2020 GAAP Net Income of $8 million Third Quarter 2020 GAAP Diluted Earnings Per Share of $0.23 Third Quarter 2020 Adjusted Earnings Per Share of $0.42 Third Quarter 2020 Adjusted EBITDA of $30 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 2020.

Financial Highlights

Three Months Ended

 

(In millions, except per share... More