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Novanta Inc (NOVT.OQ)

NOVT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Novanta Acquires Remaining Equity Interest In Laser Quantum
Wednesday, 3 Oct 2018 

Oct 2 (Reuters) - Novanta Inc ::NOVANTA ACQUIRES REMAINING EQUITY INTEREST IN LASER QUANTUM.NOVANTA INC - ACQUIRED REMAINING ABOUT 24 PERCENT OF OUTSTANDING SHARES OF LASER QUANTUM FOR CONSIDERATION OF $45.7 MILLION IN CASH, RESTRICTED STOCK.NOVANTA INC - DEAL IS NOT EXPECTED TO GIVE RISE TO GAIN OR LOSS IN CONSOLIDATED STATEMENT OF OPERATIONS.NOVANTA INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO NOVANTA'S NON-GAAP EARNINGS PER SHARE.NOVANTA - PURCHASE PRICE FINANCED WITH CASH ON HAND, BORROWINGS UNDER CO'S AMENDED & RESTATED CREDIT FACILITY, ISSUANCE OF $15 MILLION IN RESTRICTED STOCK.NOVANTA INC - ACQUISITION OF REMAINING 24 PERCENT MINORITY INTERESTS WILL BE ACCOUNTED FOR AS A TRANSACTION AMONG SHAREHOLDERS.  Full Article

Novanta Q2 Adjusted Earnings Per Share $0.51
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Novanta Inc ::NOVANTA ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER 2018.Q2 ADJUSTED EARNINGS PER SHARE $0.51.Q2 GAAP EARNINGS PER SHARE $0.32.SEES Q3 2018 REVENUE ABOUT $153 MILLION TO $156 MILLION.Q2 REVENUE $150.4 MILLION VERSUS I/B/E/S VIEW $147.3 MILLION.Q2 EARNINGS PER SHARE VIEW $0.49 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $1.96 TO $2.02.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE $0.50 TO $0.53.SEES FY 2018 REVENUE ABOUT $600 MILLION TO $607 MILLION.  Full Article

Novanta Reports Q1 Adjusted EPS $0.47
Tuesday, 8 May 2018 

May 8 (Reuters) - Novanta Inc ::NOVANTA ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER 2018.NOVANTA INC <<>> Q1 ADJUSTED SHR $0.47.NOVANTA INC <<>> Q1 GAAP SHR $0.18.NOVANTA INC <<>> SEES Q2 2018 REVENUE ABOUT $146 MLN TO $149 MLN.NOVANTA INC <<>> Q1 REVENUE $147 MLN VS I/B/E/S VIEW $139.6 MLN.NOVANTA INC <<>> SEES FY 2018 ADJUSTED SHR $1.93 TO $2.02.NOVANTA INC <<>> SEES Q2 2018 ADJUSTED SHR $0.47 TO $0.50.NOVANTA INC <<>> SEES FY 2018 REVENUE ABOUT $590 MLN TO $605 MLN.NOVANTA INC <<>> Q1 SHR VIEW $0.40 -- THOMSON REUTERS I/B/E/S.  Full Article

Novanta Chairman of Board Sells Portion Of His Shares
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Novanta Inc ::NOVANTA CHAIRMAN OF THE BOARD SELLS A PORTION OF HIS SHARES FOR ESTATE PLANNING PURPOSES.NOVANTA INC - CHAIRMAN OF BOARD, STEPHEN W. BERSHAD, HAS SOLD 500,000 COMMON SHARES, REPRESENTING APPROXIMATELY 22% OF HIS HOLDINGS IN COMPANY​.NOVANTA INC - ‍BERSHAD WILL CONTINUE IN HIS ROLE AS CHAIRMAN OF BOARD, AND CONTINUES TO HOLD 1,808,010 SHARES IMMEDIATELY FOLLOWING SALE​.  Full Article

Novanta reports Q3 adjusted earnings per share $0.45
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Novanta Inc ::Novanta announces financial results for the third quarter 2017.Q3 adjusted earnings per share $0.45.Q3 GAAP earnings per share $0.00 from continuing operations.Sees FY 2017 revenue about $518 million to $522 million.Q3 revenue rose 50 percent to $146.3 million.Sees FY 2017 adjusted earnings per share $1.54 to $1.58.Q3 GAAP earnings per share $0.00.Says ‍raising full year 2017 GAAP revenue and adjusted diluted EPS guidance​.  Full Article