Novanta (US:NOVT) Businesswireยท2025-11-03 22:00Core Viewpoint - Novanta Inc. reported its financial results for the third quarter of 2025, showing a slight increase in revenue but a decline in operating income and net income compared to the same period in 2024 [1]. Financial Highlights - Revenue for the third quarter of 2025 was $247.8 million, up from $244.4 million in the same quarter of 2024, representing a year-over-year increase of approximately 1.4% [1]. - Operating income decreased to $21.8 million in Q3 2025 from $32.6 million in Q3 2024, indicating a decline of about 33.0% [1]. - Net income fell to $10.7 million in Q3 2025, down from $19.2 million in Q3 2024, reflecting a decrease of approximately 44.0% [1]. - Diluted earnings per share (EPS) were $0.30 for Q3 2025, compared to $0.53 for Q3 2024, marking a decline of about 43.4% [1].