Novanta (NOVT) Tops Q4 EPS by 8c, Offers Guidance

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Go back to Novanta (NOVT) Tops Q4 EPS by 8c, Offers Guidance

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2022

March 1, 2023 6:59 AM EST

Full Year 2022 GAAP Revenue increased 22% to $861 million Full Year 2022 GAAP Net Income of $74 million Full Year 2022 GAAP Diluted Earnings Per Share increased 46% to $2.06 Full Year 2022 Adjusted Earnings Per Share increased 17% to $3.07 Full Year 2022 Adjusted EBITDA of $184 million

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 fourth quarter and full year 2022.

Financial Highlights

Three Months Ended December 31,

 

 

Year Ended December... More