Novanta (NASDAQ:NOVT) First Quarter 2025 Results
Key Financial Results
- Revenue: US$233.4m (up 1.1% from 1Q 2024).
- Net income: US$21.2m (up 45% from 1Q 2024).
- Profit margin: 9.1% (up from 6.4% in 1Q 2024). The increase in margin was primarily driven by lower expenses.
- EPS: US$0.59 (up from US$0.41 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Novanta EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%.
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Novanta's balance sheet and an in-depth analysis of the company's financial position.
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