Novanta Q3 results beat expectations, but concerns over outlook and margins persist
NOVT Novanta Inc
$123.31 -0.32%
View chart & analysis → - 1Novanta recorded an adjusted earnings per share (EPS) of $1.05 for Q3, exceeding the Q3 adjusted EPS consensus of $0.97.
- 2Novanta achieved a 20.7% year-over-year growth rate in adjusted earnings per share (EPS) for Q3.
- 3Shipments of lithography products from the Stockport facility will be suspended until Q1 2027.
So what's the key point?
Novanta earned more profit than experts expected. However, there are concerns because product shipments have been suspended.
Source Earnings Whispers · View original ↗
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