Novanta Inc.

NOVT

CA67000B1040

Electronic Equipment & Parts

Market Closed - Nasdaq Other stock markets 04:30:01 2024-05-03 pm EDT			5-day change	1st Jan Change
159.9 ^USD	+0.15%		+0.30%	-5.06%

Apr. 02	Novanta Insider Sold Shares Worth $860,010, According to a Recent SEC Filing	MT
Mar. 01	Novanta Insider Sold Shares Worth $511,200, According to a Recent SEC Filing	MT

Novanta Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2024

February 28, 2024 at 08:00 am EST

Novanta Inc. provided revenue guidance for the first quarter and full year of 2024. For the quarter, company expects GAAP revenue of approximately $225 million to $230 million.

For the year, Company expects GAAP revenue of approximately $975 million to $1 billion.

Latest news about Novanta Inc.

Novanta Insider Sold Shares Worth $860,010, According to a Recent SEC Filing	Apr. 02	MT
Novanta Insider Sold Shares Worth $511,200, According to a Recent SEC Filing	Mar. 01	MT
Transcript : Novanta Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Novanta Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2024	Feb. 28	CI
Novanta's Q4 Earnings, Revenue Decline; Provides Q1, 2024 Guidance	Feb. 28	MT
Earnings Flash (NOVT) NOVANTA Reports Q4 Revenue $211.6M	Feb. 28	MT
Earnings Flash (NOVT) NOVANTA Reports Q4 EPS $0.63	Feb. 28	MT
Novanta Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Novanta Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
Novanta Insider Sold Shares Worth $491,717, According to a Recent SEC Filing	Jan. 04	MT
Novanta Inc. Announces Draw Down of $198.0 Million on its Revolving Credit Facility Under its Third Amended and Restated Credit Agreement	Jan. 02	CI
Novanta Completes Motion Solutions Acquisition	Jan. 02	MT
Novanta Insider Sold Shares Worth $1,023,149, According to a Recent SEC Filing	Dec. 21	MT
Novanta Insider Sold Shares Worth $737,570, According to a Recent SEC Filing	Dec. 18	MT
Novanta Insider Sold Shares Worth $804,979, According to a Recent SEC Filing	Dec. 15	MT
Novanta Insider Sold Shares Worth $452,610, According to a Recent SEC Filing	Dec. 08	MT
Transcript : Novanta Inc. - M&A Call	Nov. 14
Novanta to Acquire Motion Solutions for $189 Million	Nov. 14	MT
Novanta Inc. Provides Revenue Guidance for the Fourth Quarter of 2023 and Full Year 2023	Nov. 07	CI
Sector Update: Tech Stocks Gaining in Afternoon Trading	Nov. 07	MT
Novanta Shares Fall After Q3 Revenue Drops, 2023 Outlook Misses Market Views	Nov. 07	MT
Transcript : Novanta Inc., Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Tranche Update on Novanta Inc.'s Equity Buyback Plan announced on February 26, 2020.	Nov. 07	CI
Novanta Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Novanta's Q3 Adjusted Earnings Rise, Revenue Declines; Issues Q4 Guidance, Updates 2023 Outlook	Nov. 07	MT

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Company Profile

Novanta Inc. is a supplier of core technology solutions, which give medical and advanced industrial original equipment manufacturers. The Company has three segments. Precision Medicine and Manufacturing segment designs, manufactures and markets photonics-based solutions, including laser scanning, laser beam delivery, carbon dioxide laser, solid state laser, ultrafast laser, and optical light engine products to customers worldwide. Medical Solutions segment designs, manufactures and markets a range of medical grade technologies, including medical insufflators, pumps and related disposables; visualization solutions; wireless technologies, video recorders and video integration technologies, and others. Robotics and Automation segment designs, manufactures and markets optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, and air bearing spindles to customers worldwide.

Sector

Electronic Equipment & Parts

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Ratings for Novanta Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

159.9 USD

Average target price

178.5 USD

Spread / Average Target

+11.64%

Consensus

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Quarterly earnings - Rate of surprise

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Electronic Component

Novanta Inc.

Equities

NOVT

CA67000B1040

Electronic Equipment & Parts

Novanta Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2024

EPS Revisions