NOVT Q3 2024 Earnings — Novanta Inc. Revenue & Financial Results | Market Cap Arena

NOVTNovanta Inc.

$4B

Q3 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$244M+10.3% YoY

Gross Profit

$109M44.7% margin

Operating Income

$33M13.3% margin

Net Income

$19M7.9% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$19M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$677M

Stockholders' Equity

$742M

Cash & Equivalents

$93M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$244M	$222M	+10.3%
Gross Profit	$109M	$102M	+7.5%
Operating Income	$33M	$30M	+7.4%
Net Income	$19M	$21M	-9.6%

Revenue Segments

Medical Solutions

$104M42%

Robotics and Automation

$80M33%

Precision Medicine and Manufacturing

$61M25%

Geographic Segments

UNITED STATES

$124M51%

GERMANY

$34M14%

Rest Of Europe

$31M13%

Rest Of Asia Pacific

$27M11%

CHINA

$25M10%

Other Countries

$4M2%