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General Description

Novanta

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Ticker: NOVT

Sector: Electronic Equipment, Instruments & C...

Novanta Inc. designs, manufactures, markets, and sells photonics, vision, and precision motion. The Photonics segment offers photonics-based solutions for industrial processing, metrology, medical and life science imaging, DNA sequencing,.
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Extended Summary

Novanta

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion in the United States and internationally. The company operates through three segments: Photonics, Vision, and Precision Motion. The Photonics segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts.

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February 29, 2024 12:48 (London Time)

Novanta

Novanta delivered for the full year a record $882 million in revenue, adjusted gross margin of 46.8%, and adjusted EBITDA of $196 million. CEO Matth…
Sector: Electronic Equipment, Instruments…
Ticker: NOVT
Sentiment: 0.2732
MarketCap: 5,996,446,456.0
High: 168.3 Low: 157.06

Open: 158.4 Close: 167.45 Change: 9.05

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May 25, 2023 0:17 (London Time)

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Raymond James & Associates decreased their holdings in shares of Novanta Inc. (NASDAQ:NOVT) Raymond James now owns only 48,684 shares after selling …
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Sentiment: 0.9911
MarketCap: 5,777,947,412.0
High: 161.39 Low: 157.09

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May 20, 2023 10:43 (London Time)

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Novanta delivered earnings and revenue surprises of 1563% and.73%. Decline in PCBA drilling is causing a sales growth headwind for overall Novanta.
Sector: Electronic Equipment, Instruments…
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May 23, 2023 17:01 (London Time)

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Raymond James & Associates decreased their holdings in shares of Novanta Inc. (NASDAQ:NOVT) Raymond James now owns only 48,684 shares. Lazard Asset …
Sector: Electronic Equipment, Instruments…
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MarketCap: 5,777,947,412.0
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Open: 166.7 Close: 164.6 Change: -2.1

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