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

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