---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053957"
form_type: "8-K"
ticker: "NOVT"
cik: "0001076930"
company_name: "NOVANTA INC"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T15:51:06.194992+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Novanta Q1 2024 revenue up 5.4% to $231M; GAAP net income down to $14.7M

## Summary
- GAAP revenue $230.9M vs $219.1M YoY; GAAP net income $14.7M vs $18.3M.
- GAAP diluted EPS $0.41 vs $0.51; Adjusted diluted EPS flat at $0.74.
- Adjusted EBITDA $49.7M vs $47.0M; Adjusted operating income $40.1M vs $36.9M.
- No forward guidance provided in the release.

## SEC filing metadata
- accession: 0000950170-24-053957
- form_type: 8-K
- ticker: NOVT
- cik: 0001076930
- company_name: NOVANTA INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1076930/000095017024053957/0000950170-24-053957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1076930/000095017024053957/novt-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053957
- JSON: https://secwatch.observer/filing/0000950170-24-053957.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053957.txt

## Key facts
- Earnings Releases
  NOVANTA INC reported first quarter 2024 results: revenue $231 million, net income $15 million, EPS $0.41.
  - Period: first quarter 2024
  - Revenue: $231 million
  - Net income: $15 million
  - EPS: $0.41
  - Result: reported results
  source text: EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE May 7, 2024 Novanta Announces Financial Results for the First Quarter 2024 • First Quarter 2024 GAAP Revenue of $231 million • First Quarter 2024 GAAP Net Income of $15 million • First Quarter 2024 GAAP Diluted Earnings Per Share of $0.41 • First Quarter 2024 Adjusted Earnings Per Share of $0.74 •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1076930/000095017024053957/0000950170-24-053957-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.