Welcome to our dedicated page for Novanta news (Ticker: NOVT), a resource for investors and traders seeking the latest updates and insights on Novanta stock.
Novanta Inc (NOVT) delivers precision photonic components and motion-control systems powering innovations in medical technology and industrial automation. This dedicated news hub provides investors and industry professionals with direct access to official press releases and verified updates about the company's technological advancements.
Discover comprehensive coverage of Novanta's latest developments including product launches for minimally invasive surgery tools, strategic partnerships in robotics, and innovations in laser-based manufacturing systems. Our curated feed ensures you stay informed about earnings announcements, leadership updates, and patent filings that demonstrate NOVT's leadership in mission-critical OEM solutions.
Key updates focus on the company's Medical Solutions segment enhancing surgical workflows and Automation Enabling Technologies driving smart manufacturing. Track progress in RFID-based hospital systems and high-precision components for additive manufacturing – all critical to Novanta's dual-market strategy.
Bookmark this page for streamlined access to NOVT's evolving role in medical device innovation and industrial automation. Check regularly for authoritative updates on photonics advancements and motion-control technologies shaping next-generation healthcare and manufacturing ecosystems.
Novanta, a key technology partner for medical and advanced equipment manufacturers, will release its Q2 2024 financial results on August 6, 2024. A conference call to discuss these results will be held at 10:00 a.m. ET the same day. Participants can join the call by dialing (888) 346-3959 or via a live webcast on the Events & Presentations page of Novanta's website. A replay of the webcast will be accessible for nearly two months until September 30, 2024. Investors can visit the company's website for more details.
Novanta (Nasdaq: NOVT), a key technology partner for medical and advanced technology equipment manufacturers, announced that its Chief Financial Officer, Robert Buckley, will be presenting at the CJS Securities 24th Annual New Ideas Summer Conference.
The event is scheduled for Wednesday, July 10, 2024, in White Plains, New York.
This presentation is expected to highlight Novanta's latest innovations and strategic outlook, providing insights into the company's future growth and investment potential.
Novanta Inc. (Nasdaq: NOVT) reported strong financial results for the first quarter of 2024 with GAAP revenue of $231 million, net income of $15 million, and diluted earnings per share of $0.41. The company achieved adjusted earnings per share of $0.74 and adjusted EBITDA of $50 million. Novanta showed a 5.4% increase in GAAP revenue compared to the first quarter of 2023, with organic revenue growth decreasing by 4.2%. Operating cash flow for the quarter more than doubled year over year. The company expects GAAP revenue of $230 million to $235 million for the second quarter of 2024.
Novanta Inc. (Nasdaq: NOVT) will be represented by CFO Robert Buckley at Baird's 2024 Global Consumer, Technology & Services Conference on June 5, 2024, in New York. Novanta is a technology partner serving medical and advanced technology equipment manufacturers.