Benzinga | Nov 9, 2021 11:31AM EST

Novanta Q3 EPS $0.75 Beats $0.60 Estimate, Sales $177.70M Beat $172.06M Estimate

Novanta (NASDAQ:NOVT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.60 by 25 percent. This is a 78.57 percent increase over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $177.70 million which beat the analyst consensus estimate of $172.06 million by 3.28 percent. This is a 24.33 percent increase over sales of $142.93 million the same period last year.