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NOVT

Novanta Inc.

$175.02

Earnings Summary

Revenue
$235.86Mn
Net Profits
$13.76Mn
Net Profit Margins
5.83%

Highlights

Revenue:

Novanta Inc.’s revenue jumped 2.79% since last year same period to $235.86Mn in the Q2 2024. On a quarterly growth basis, Novanta Inc. has generated 2.14% jump in its revenue since last 3-months.

Net Profits:

Novanta Inc.’s net profit fell -34.12% since last year same period to $13.76Mn in the Q2 2024. On a quarterly growth basis, Novanta Inc. has generated -6.28% fall in its net profits since last 3-months.

Net Profit Margins:

Novanta Inc.’s net profit margin fell -35.91% since last year same period to 5.83% in the Q2 2024. On a quarterly growth basis, Novanta Inc. has generated -8.24% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Novanta Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.85
EPS Estimate Current Year
0.85

Highlights

EPS Estimate Current Quarter:

Novanta Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.85 - a 23.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

Novanta Inc.’s earning per share (EPS) estimates for the current year stand at 0.85.

Key Ratios

Key ratios of the Novanta Inc. post its Q2 2024 earnings

Earning Per Share (EPS)
0.73

Highlights

Earning Per Share (EPS):

Novanta Inc.’s earning per share (EPS) fell -8.75% since last year same period to 0.73 in the Q2 2024. This indicates that the Novanta Inc. has generated -8.75% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-06
0.69
0.73
5.8%
2024-05-07
0.58
0.74
27.59%