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

Novanta (NASDAQ: NOVT) reported Q4 EPS of $0.75, $0.08 better than the analyst estimate of $0.67. Revenue for the quarter came in at $218.4 million versus the consensus estimate of $215.76 million.

GUIDANCE:

Novanta sees Q1 2023 EPS of $0.64-$0.65, versus the consensus of $0.74. Novanta sees Q1 2023 revenue of $210-212 million, versus the consensus of $217.6 million.

Novanta sees FY2023 EPS of $3.00-$3.20, versus the consensus of $3.32. Novanta sees FY2023 revenue of $890-915 million, versus the consensus of $905.8 million.

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

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