Highest-materiality recent filing
Novanta Q1 revenue up 10% to $258M, adjusted EPS $0.81, net income $21M
GAAP revenue $257.7M (+10% YoY); GAAP net income $21.1M (flat).
Novanta Q4 revenue $258M (+9% YoY), adjusted EPS $0.91 (+20% YoY)
GAAP revenue $258.3M in Q4 2025, up 9% YoY; GAAP diluted EPS $0.45.
Novanta closes $632.5M tangible equity units offering; amends credit agreement
Issued 12,650,000 Units at $50.00 each, including full over-allotment exercise.
Novanta board authorizes additional $200M share repurchase; total capacity $231M
Board approved $200M additional common share repurchase authorization on Sept 17, 2025.
Novanta Q2 2025 GAAP EPS falls 68% to $0.12; Adj. EPS rises to $0.76 on 2% revenue growth
GAAP revenue $241.0M (+2% YoY); GAAP net income $4.5M vs $13.8M; GAAP diluted EPS $0.12 vs $0.38.
Novanta Reports Q4 and Full Year 2024 Results: Revenue Up 13% in Q4, 8% for Full Year
Q4 2024 revenue increased 13% to $238M; GAAP diluted EPS $0.46, adjusted EPS $0.76.
Novanta recasts segment reporting into Automation Enabling Technologies and Medical Solutions
Two new segments replace prior three-segment structure (Precision Medicine & Manufacturing, Robotics & Automation, Medical Solutions).
Novanta Q3 2024 revenue up 10% to $244M; GAAP EPS $0.53 vs $0.59 a year ago
Revenue $244.4M, +10% YoY from $221.5M.
Novanta Q2 2024 revenue up 2.8% to $236M, but GAAP EPS falls 34% to $0.38
Revenue $235.9M (+2.8% YoY); GAAP net income $13.8M vs $20.9M in Q2 2023.
Mr. Burke succeeds Peter Chang, Chief Accounting Officer and Corporate Controller of the Company, who departed from the role effective August 22, 2024.
On August 22, 2024, John Burke, formerly Vice President of Global Accounting for Novanta Inc. (the “Company”), was appointed Chief Accounting Officer of Novanta Inc. and assumed the role of principal accounting officer.
On August 1, 2024, Novanta Inc. (the “Company”) announced that Brian Young, Chief Human Resources Officer (“CHRO”) of the Company, would no longer serve as the CHRO, effective on November 1, 2024, or such earlier date as may be agreed between Mr. Young and determined by the Company.
On July 11, 2024, Katherine A. Owen resigned as a member of the Board of Directors (the “Board”) of Novanta Inc. (the “Company”) and the Audit Committee of the Board, effective immediately.
On July 11, 2024, the Board elected Mary Katherine (Mary Kay) Ladone to the Board to fill the vacancy created by Ms. Owen’s resignation, effective July 11, 2024.
Max materiality 0.90 · Median 0.50 · Most common event earnings