Novanta Q2 revenue up 7% to $229.5M; GAAP EPS $0.58, adj. EPS $0.80

NOVANTA INC

2023-Q2 EPS reported $1.09 revenue$448,590,000

GAAP revenue $229.5M, +7% YoY from $215.4M; operating income $32.2M vs $23.3M.
Consolidated net income $20.9M, GAAP diluted EPS $0.58 vs $0.49 YoY.
Adjusted diluted EPS $0.80 vs $0.78; adjusted EBITDA $51.7M, +15% vs $45.0M.
Non-GAAP adjusted operating income $42.1M, compared to $36.7M in prior year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NOVANTA INC reported the fiscal quarter ended June 30, 2023 results: revenue $229.5 million, net income $20.9 million, EPS $0.58 per diluted share.

Period: the fiscal quarter ended June 30, 2023
Revenue: $229.5 million
Net income: $20.9 million
EPS: $0.58 per diluted share
Result: reported results

Exact text from the filing

--- EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE August 8, 2023 Novanta Announces Financial Results for the Second Quarter 2023 • Second Quarter 2023 GAAP Revenue increased 7% to $229 million • Second Quarter 2023 GAAP Net Income of $21 million • Second Quarter 2023 GAAP Diluted Earnings Per Share of $0.58 • Second Quarter 2023 Adjusted Earnings Per Share of $0.80 •

View on SEC.gov

Browse all earnings releases →

NOVANTA INC filing history →

Source: SEC EDGAR

accession 0000950170-23-039378

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.