Novanta Announces Financial Results for the Fourth Quarter and Full Year 2020

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Novanta (NOVT) Tops Q4 EPS by 9c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus, 1Q Revenues Guidance Above Consensus

March 1, 2021 7:09 AM EST

Novanta (NASDAQ: NOVT) reported Q4 EPS of $0.53, $0.09 better than the analyst estimate of $0.44. Revenue for the quarter came in at $147.5 million versus the consensus estimate of $147.05 million.

We are very pleased with the companys performance in 2020, despite the challenges caused by the COVID-19 pandemic, said Matthijs Glastra, Chief Executive Officer of Novanta. The... More