Novanta: Q4 Earnings Snapshot

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Wednesday reported fourth-quarter earnings of $15.3 million. On a per-share basi...

March 1, 2023
3:48 PM

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Wednesday reported fourth-quarter earnings of $15.3 million. On a per-share basis, the Bedford, Massachusetts-based company said it had net income of 42 cents. Earnings, adjusted for one-time gains and costs, were 75 cents per share. The photonic and motion control components maker posted revenue of $218.4 million in the period. For the year, the company reported profit of $74.1 million, or $2.06 per share. Revenue was reported as $860.

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