Novanta (NASDAQ:NOVT) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:59 AM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.64 by 4.69 percent. This is a 26.42 percent increase over earnings of $0.53 per share from the same
According to Benzinga Pro data Novanta (NASDAQ:NOVT) posted a 4.48% decrease in earnings from Q2. Sales, however, increased by 6.09% over the previous quarter to $177.73 million.
Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.60 by 25 percent. This is a 78.57 percent increase over earnings of $0.42 per share from the same
Companies Reporting Before The Bell
• Imara (NASDAQ:IMRA) is projected to report earnings for its third quarter.
• KT (NYSE:KT) is projected to report earnings for its third quarter.
Shares of Novanta (NASDAQ:NOVT) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share increased 29.17% over the past year to $0.62, which beat the estimate of $0.51.
Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.51 by 21.57 percent. This is a 29.17 percent increase over earnings of $0.48 per share from the same