Novanta (NOVT) Reports In-Line Q4 EPS; offers guidance

Novanta (NASDAQ: NOVT) reported Q4 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $211.6 million versus the consensus estimate of $210.7 million.

GUIDANCE:

Novanta sees Q1 2024 EPS of $0.55-$0.60, versus the consensus of $0.63. Novanta sees Q1 2024 revenue of $225-230 million, versus the consensus of $219.3 million.

Novanta sees FY2024 EPS of $3.10-$3.35, versus the consensus of $3.22. Novanta sees FY2024 revenue of $975-1000 million, versus the consensus of $934.9 million.

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

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