Novanta (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
