Recap: Novanta Q4 Earnings

Novanta NOVT reported its Q4 earnings results on Tuesday, March 1, 2022 at 06:59 AM.

Here's what investors need to know about the announcement.

Novanta beat estimated earnings by 4.69%, reporting an EPS of $0.67 versus an estimate of $0.64.

Revenue was up $51.46 million from the same period last year.

Last quarter the company beat on EPS by $0.15 which was followed by a 2.57% drop in the share price the next day.

Here's a look at Novanta's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.60	0.51	0.39	0.44
EPS Actual	0.75	0.62	0.58	0.53
Revenue Estimate	172.06M	164.32M	156.28M	147.05M
Revenue Actual	177.73M	167.52M	162.58M	147.50M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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