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Stock impact report

Q4 Earnings Highlights: Corning (NYSE:GLW) Vs The Rest Of The Electronic Components Stocks [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
Like many equipment and component manufacturers, electronic components companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include data centers and telecommunications, which can benefit companies whose optical and transceiver offerings fit those markets. But like the broader industrials sector, these companies are also at the whim of economic cycles. Consumer spending, for example, can greatly impact these companies' volumes. The 9 electronic components stocks we track reported a very strong Q4. As a group, revenues beat analysts' consensus estimates by 3% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 7.5% on average since the latest earnings results. Corning (NYSE:GLW) Supplying windows for some of the United States's earliest spacecraft, Corning (NYSE:GLW) provides glass and other electronic components for the consumer e Show less Read more
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