Novanta Q2 Adj. EPS $0.89 Beats $0.83 Estimate, Sales $265.807M Beat $262.297M Estimate
Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.83 by 7.23 percent. This is a 17.11 percent increase over earnings of $0.76 per share from the same
Novanta made more money than experts predicted in their latest quarter—they earned $0.89 per share instead of the $0.83 people expected, and also sold more stuff than forecast. When a company beats what people guessed, it often means the business is running well and might be worth watching to see if this keeps happening.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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