Benzinga | Aug 10, 2021 06:59AM EDT

Novanta Q2 EPS $0.62 Beats $0.51 Estimate, Sales $168.00M Beat $164.32M Estimate

Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.51 by 21.57 percent. This is a 29.17 percent increase over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $168.00 million which beat the analyst consensus estimate of $164.32 million by 2.24 percent. This is a 16.08 percent increase over sales of $144.73 million the same period last year.