2023-03-01 07:02:58 NOVT Novanta
03/01/23 03/0107:02 03/01/2307:02 | Novanta reports Q4 adjusted EPS 75c, consensus 72cReports Q4 revenue $218.4M consensus $215.57M. "Novanta delivered record financial results for 2022," said Matthijs Glastra, Chair and CEO. "In the Q4, our teams continued to execute well, delivering impressive performance in a challenging operating environment, delivering strong revenue and profit growth for the quarter and for the full year. Looking at 2023 and beyond, we intend to continue to focus on new product development, design wins in high growth applications, driving cash flows, and institutionalizing the Novanta Growth System. With leading and diverse technologies across attractive high growth markets, we believe Novanta is well positioned to continue to deliver sustained long-term shareholder value." |
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