Novanta (NOVT) Tops Q1 EPS by 10c

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Go back to Novanta (NOVT) Tops Q1 EPS by 10c

Novanta Announces Financial Results for the First Quarter 2022

May 10, 2022 6:59 AM EDT

First Quarter 2022 GAAP Revenue increased 26% to $204 million First Quarter 2022 GAAP Consolidated Net Income of $18.8 million First Quarter 2022 GAAP Diluted Earnings Per Share of $0.53 First Quarter 2022 Adjusted Earnings Per Share increased 26% to $0.73 First Quarter 2022 Adjusted EBITDA increased 33% to $43.6 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 2022.

Financial Highlights

Three Months Ended

 

(In millions, except per share... More