Benzinga | Mar 1, 2021 07:01AM EST

Novanta Q4 EPS $0.53 Beats $0.44 Estimate, Sales $147.50M Beat $147.05M Estimate

Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.44 by 20.45 percent. This is a 3.64 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $147.50 million which beat the analyst consensus estimate of $147.05 million by 0.31 percent. This is a 7.64 percent decrease over sales of $159.70 million the same period last year.