Novanta Inc. (NOVT)

NASDAQ: NOVT · IEX Real-Time Price · USD
164.66
-1.15 (-0.69%)
May 22, 2024, 4:00 PM EDT - Market closed
-0.69%
Market Cap 5.91B
Revenue (ttm) 893.45M
Net Income (ttm) 69.29M
Shares Out 35.89M
EPS (ttm) 1.92
PE Ratio 85.76
Forward PE 62.81
Dividend n/a
Ex-Dividend Date n/a
Volume 49,720
Open 165.02
Previous Close 165.81
Day's Range 163.75 - 166.85
52-Week Range 111.20 - 187.61
Beta 1.35
Analysts n/a
Price Target n/a
Earnings Date May 7, 2024

About NOVT

Novanta Inc., together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-base... [Read more]

Sector Technology
Founded 1968
Employees 2,900
Stock Exchange NASDAQ
Ticker Symbol NOVT
Full Company Profile

Financial Performance

In 2023, Novanta's revenue was $881.66 million, an increase of 2.41% compared to the previous year's $860.90 million. Earnings were $72.88 million, a decrease of -1.58%.

Financial Statements

News

Novanta Announces Financial Results for the First Quarter 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

15 days ago - Business Wire

Novanta to Present at Baird's 2024 Global Consumer, Technology & Services Conference on Wednesday, June 5, 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckl...

21 days ago - Business Wire

Novanta to Present at the William Blair 44th Annual Growth Stock Conference on Tuesday, June 4, 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

4 weeks ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 7, 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 20...

6 weeks ago - Business Wire

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

3 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, February 28, 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter a...

4 months ago - Business Wire

Novanta completes acquisition of Motion Solutions

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that...

5 months ago - Business Wire

Novanta to Present at the CJS Securities 24th Annual New Ideas for the New Year Investor Conference on Wednesday, January 10, 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckl...

5 months ago - Business Wire

Novanta to Present at the J.P. Morgan 42nd Annual Healthcare Conference on Wednesday, January 10, 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

5 months ago - Business Wire

10 ‘better values' in the stock market, selected for the next two years

Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might l...

6 months ago - Market Watch

Novanta announces agreement to acquire Motion Solutions

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that...

6 months ago - Business Wire

Novanta Announces Financial Results for the Third Quarter 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

7 months ago - Business Wire

Novanta to Present at the Baird 2023 Global Industrial Conference on Wednesday, November 8, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

8 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 7, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its third quarter 20...

8 months ago - Business Wire

Novanta to Present at Baird's 2023 Global Healthcare Conference on Wednesday, September 13, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

10 months ago - Business Wire

Novanta Announces Financial Results for the Second Quarter 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

10 months ago - Business Wire

Novanta receives Silver rating from EcoVadis

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that...

10 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, August 8, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its second quarter 2...

11 months ago - Business Wire

Novanta to Present at the CJS Securities 23rd Annual New Ideas Summer Conference on Tuesday, July 11, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckl...

11 months ago - Business Wire

Novanta to Present at Baird's 2023 Global Consumer, Technology & Services Conference on Wednesday, June 7, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

1 year ago - Business Wire

Novanta to Present at the William Blair 43rd Annual Growth Stock Conference on Tuesday, June 6, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

1 year ago - Business Wire

Novanta Announces Financial Results for the First Quarter 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

1 year ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 9, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 20...

1 year ago - Business Wire

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2022

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

1 year ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, March 1, 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter...

1 year ago - Business Wire