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Stock impact report

Novanta Inc (NOVT) Posts Full Year 2023 Revenue Growth Amidst Market Challenges [Yahoo! Finance]

Novanta Inc. - Common Shares (NOVT) 
Last novanta inc. - common shares earnings: 2/26 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: investors.novanta.com
Company Research Source: Yahoo! Finance
Earnings Per Share : GAAP Diluted EPS for 2023 stood at $2.02, with Adjusted EPS at $3.02. Adjusted EBITDA : Reached $196 million for the full year, showing robust profitability. Cash Flow : Operating cash flow for the full year 2023 was $120.1 million, a significant increase from 2022. Debt and Cash : Ended the year with approximately $354.4 million in total debt and $105.1 million in total cash. Guidance : For 2024, Novanta expects GAAP revenue of approximately $975 million to $1 billion and Adjusted EBITDA between $215 million to $225 million. Warning! GuruFocus has detected 4 Warning Signs with NOVT. On February 28, 2024, Novanta Inc ( NASDAQ:NOVT ), a leading provider of core technology solutions for medical and advanced industrial equipment manufacturers, announced its financial results for the fourth quarter and full year 2023. The company released its 8-K filing , detailing a year of growth despite a challenging market environment. Novanta operates through three Show less Read more
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