Novanta (NOVT) Q3 Earnings Miss Estimates

Novanta (NOVT) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.16%. A quarter ago, it was expected that this photonic and motion control components maker would post earnings of $0.69 per share when it actually produced earnings of $0.73, delivering a surprise of 5.80%.Over the last ...