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Novanta Inc (NOVT)
NASDAQ:NOVT
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.73Last Year’s EPS
0.73Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 0.10%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
Novanta has demonstrated strong financial performance and strategic growth despite facing significant challenges from trade tariffs and market uncertainties. The company's proactive measures and strategic acquisitions position it well for long-term growth, though short-term challenges remain significant.Company Guidance
During Novanta Inc.'s First Quarter 2025 Earnings Call, the company provided guidance focusing on maintaining its full-year adjusted EBITDA despite current market challenges. Novanta reported $233 million in revenue, reflecting organic growth of 2% and a reported growth of 1%, with adjusted gross margins at 46% and adjusted EBITDA at $50 million. The company achieved a strong operating cash flow of $32 million, marking the eighth consecutive quarter of cash flow conversion above 120% of net income. Novanta also highlighted a strategic focus on ramping new product launches to achieve $50 million in incremental revenue for 2025, driven by innovations in surgical robotics and minimally invasive surgery. The company's diversified business model, with exposure to high-growth medical and advanced industrial markets, is designed to withstand geopolitical and economic volatility. Although current trade uncertainties and tariffs have impacted revenue, Novanta's proactive mitigation strategies and cost containment measures aim to neutralize these effects, ensuring continued financial resilience and growth.Revenue Growth and Strong Cash Flow
Novanta achieved $233 million in revenue for Q1 2025, representing 2% organic growth and 1% reported growth. The company also generated a robust $32 million in operating cash flows, maintaining a streak of strong cash flow conversion.
Successful Product Launches
The company confirmed $50 million of incremental new product revenue for 2025, driven by launches in surgical robotics, minimally invasive surgery applications, and other advanced technologies.
Strategic Acquisition
Novanta completed the acquisition of Keonn, an RFID solution provider, marking the first acquisition of 2025. This aligns with the strategy to expand into AI-enhanced software integrated with proprietary hardware.
Strong Performance in Medical Markets
Advanced Surgery business saw high single-digit growth due to strong patient procedure growth and hospital spending.
Innovative Technology Development
Novanta is making progress in markets like warehouse automation and precision robotics, with strong design win activity and new product sales growing in double digits.
NOVT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NOVT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $120.01 | $117.69 | -1.93% |
Feb 25, 2025 | $138.30 | $148.25 | +7.19% |
Nov 05, 2024 | $174.17 | $164.67 | -5.45% |
Aug 06, 2024 | $156.50 | $170.19 | +8.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Novanta Inc (NOVT) report earnings?
Novanta Inc (NOVT) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Novanta Inc (NOVT) earnings time?
Novanta Inc (NOVT) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NOVT EPS forecast?
NOVT EPS forecast for the fiscal quarter 2025 (Q2) is 0.73.