NOVT Q1 2022 Earnings — Novanta Inc. Revenue & Financial Results | Market Cap Arena

NOVTNovanta Inc.

$4B

Q1 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$204M+25.6% YoY

Gross Profit

$83M40.6% margin

Operating Income

$23M11.1% margin

Net Income

$19M9.2% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$5M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$671M

Stockholders' Equity

$535M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$204M	$163M	+25.6%
Gross Profit	$83M	$65M	+27.3%
Operating Income	$23M	$15M	+52.8%
Net Income	$19M	$11M	+66.4%

Revenue Segments

Precision Motion

$79M39%

Photonics

$63M31%

Vision

$62M30%

Geographic Segments

UNITED STATES

$83M41%

Rest Of Europe

$33M16%

GERMANY

$32M16%

CHINA

$27M13%

Rest Of Asia Pacific

$23M11%

Other Countries

$7M3%