Novanta (NOVT) Q1 Earnings Beat Estimates

Novanta (NOVT) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.82%. A quarter ago, it was expected that this photonic and motion control components maker would post earnings of $0.71 per share when it actually produced earnings of $0.76, delivering a surprise of 7.04%.Over the last ...