Novanta (NOVT) Releases Earnings Results, Beats Expectations By $0.03 EPS

Novanta (NOVT) reported quarterly earnings results on Tuesday, Aug-2-2016. The company said it had a profit of $0.27 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.24. The company posted revenue of $97.70 million in the period, compared to analysts expectations of $95.50 million. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.

In a different news, on May 17, 2016, Robert Buckley (Chief Financial Officer) sold 9,000 shares at $15.00 per share price.


Leave a Reply

Novanta - Is it time to Sell?

Top Brokerage Firms are advising their investors on Novanta. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.