NOVT FY 2023 Earnings — Novanta Inc. Revenue & Financial Results | Market Cap Arena

NOVTNovanta Inc.

$4B

FY 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$882M+2.4% YoY

Gross Profit

$400M45.4% margin

Operating Income

$110M12.5% margin

Net Income

$73M8.3% margin

EPS (Diluted)

$2.02

Cash Flow

Operating Cash Flow

$120M

Free Cash Flow

$100M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$553M

Stockholders' Equity

$673M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$882M	$861M	+2.4%
Gross Profit	$400M	$378M	+5.7%
Operating Income	$110M	$103M	+7.2%
Net Income	$73M	$74M	-1.6%