Novanta (NOVT) Tops Q3 EPS by 5c, Offers Guidance

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Go back to Novanta (NOVT) Tops Q3 EPS by 5c, Offers Guidance

Novanta Announces Financial Results for the Third Quarter 2022

November 8, 2022 6:59 AM EST

Third Quarter 2022 GAAP Revenue increased 26% to $223 million Third Quarter 2022 GAAP Consolidated Net Income of $22 million Third Quarter 2022 GAAP Diluted Earnings Per Share increased 66% to $0.63 Third Quarter 2022 Adjusted Earnings Per Share increased 8% to $0.81 Third Quarter 2022 Adjusted EBITDA of $49 million Raises 2022 Guidance

BEDFORD, Mass.--(BUSINESS WIRE)-- Novanta Inc. (Nasdaq: NOVT) (Novanta or the Company), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the third quarter 2022.

Financial Highlights

Three Months Ended

... More