secwatch.observer — SEC 8-K summary
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Issuer:     NOVANTA INC (NOVT)
CIK:        0001076930
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000950170-24-091213
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Novanta Q2 2024 revenue up 2.8% to $236M, but GAAP EPS falls 34% to $0.38
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- Revenue $235.9M (+2.8% YoY); GAAP net income $13.8M vs $20.9M in Q2 2023.
- GAAP diluted EPS $0.38 vs $0.58; adjusted diluted EPS $0.73 vs $0.80.
- Adjusted EBITDA $51.1M essentially flat vs $51.7M prior year.
- Operating income $25.7M vs $32.2M YoY, reflecting lower margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1076930/000095017024091213/0000950170-24-091213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1076930/000095017024091213/novt-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-091213

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer