Novanta (NOVT) Tops Q2 EPS by 11c

Novanta (NASDAQ: NOVT) reported Q2 EPS of $0.62, $0.11 better than the analyst estimate of $0.51. Revenue for the quarter came in at $167.5 million versus the consensus estimate of $164.32 million.

GUIDANCE:

Novanta sees FY2021 EPS of $2.30-$2.40, versus the consensus of $2.20. Novanta sees FY2021 revenue of $660-670 million, versus the consensus of $656 million.

For earnings history and earnings-related data on Novanta (NOVT) click here.

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