Novanta Q2 Adj. EPS $0.89 Beats $0.83 Estimate, Sales $265.807M Beat $262.297M Estimate

Novanta Inc

Novanta Inc

NOVT

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Novanta (NASDAQ: NOVT) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.83 by 7.23 percent. This is a 17.11 percent increase over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $265.807 million which beat the analyst consensus estimate of $262.297 million by 1.34 percent. This is a 10.27 percent increase over sales of $241.049 million the same period last year.