Earnings summaries and quarterly performance for NOVANTA.
Executive leadership at NOVANTA.
Board of directors at NOVANTA.
Research analysts who have asked questions during NOVANTA earnings calls.
Recent press releases and 8-K filings for NOVT.
Novanta Inc. Revises Q4 and Full Year 2025 Adjusted Diluted EPS Guidance
NOVT
Guidance Update
- Novanta Inc. revised its non-GAAP Adjusted Diluted EPS guidance for the fourth quarter and full year 2025, reflecting the completion of a recent equity issuance.
- The updated Adjusted Diluted EPS guidance for Q4 2025 is now $0.84 to $0.91, a decrease from the prior range of $0.87 to $0.93.
- For the full year 2025, the Adjusted Diluted EPS guidance was revised to $3.21 to $3.28, down from the previous $3.24 to $3.30.
- The company's GAAP revenue guidance and Adjusted EBITDA guidance remain unchanged for both the fourth quarter and full year 2025.
Nov 13, 2025, 9:46 PM
Novanta Inc. completes offering of 6.50% tangible equity units
NOVT
Debt Issuance
- On November 6, 2025, Novanta Inc. entered into an underwriting agreement to sell 11,000,000 of its 6.50% tangible equity units at a public offering price of $50.00 per Unit.
- The underwriters fully exercised their over-allotment option for an additional 1,650,000 Units on November 7, 2025, resulting in a total of 12,650,000 Units issued on November 12, 2025.
- Each Unit has a stated amount of $50.00 and consists of a prepaid stock purchase contract and a senior amortizing note.
- The amortizing notes have an initial principal amount of $8.74 and will pay equal quarterly cash installments of $0.8125, with the first installment on February 1, 2026, being $0.7132.
Nov 12, 2025, 10:10 PM
Novanta Exceeds Q3 2025 Expectations, Guides for Q4 and 2026 Growth
NOVT
Earnings
Guidance Update
Share Buyback
- Novanta exceeded expectations for sales, margin, and adjusted EPS in Q3 2025, reporting a non-GAAP adjusted earnings per share of $0.87.
- The company demonstrated strong momentum with bookings increasing 17% year-over-year and 4% sequentially, achieving a book-to-bill ratio of 1.03. This positions Novanta for a return to positive organic growth in Q4 2025 and projected mid-single digit organic growth in 2026.
- For Q4 2025, Novanta anticipates GAAP revenue in the range of $253 million to $257 million and diluted earnings per share between $0.87 and $0.93. The full-year 2025 adjusted diluted EPS is expected to be $3.24 to $3.30.
- The board of directors authorized an additional $200 million for the share buyback program, following $14 million in share repurchases during Q3 2025. Operating cash flow for Q3 2025 was $8 million, impacted by temporary factors, but is expected to improve in Q4.
Nov 4, 2025, 1:30 PM
Novanta Provides Q4 Revenue Guidance and Q3 2025 Results
NOVT
Earnings
Guidance Update
- Novanta Inc. projects its fourth-quarter revenue to be between $253 million and $257 million, aligning closely with analyst expectations.
- For Q3 2025, the company reported revenues of $247.8 million, though net income declined to $10.7 million due to higher operating expenses and restructuring costs.
- The company maintains strong operational efficiency with a three-year revenue growth rate of 10%, an operating margin of 13.13%, and a gross margin of 44.79%.
- Novanta's financial position is robust, reflected by a current ratio of 2.54 and a debt-to-equity ratio of 0.64.
Nov 3, 2025, 11:20 PM
Novanta Announces Third Quarter 2025 Financial Results and Future Guidance
NOVT
Earnings
Guidance Update
- Novanta Inc. announced Q3 2025 GAAP Revenue of $247.8 million, a 1.4% increase year-over-year, with Organic Revenue Growth of (3.8)%.
- For Q3 2025, GAAP Diluted Earnings Per Share was $0.30, and Adjusted Diluted EPS reached $0.87.
- The company provided Q4 2025 GAAP revenue guidance of $253 million to $257 million and full-year 2025 GAAP revenue guidance of $975 million to $979 million.
- Novanta projects Q4 2025 Adjusted Diluted EPS between $0.87 and $0.93, and full-year 2025 Adjusted Diluted EPS between $3.24 and $3.30.
- Looking ahead to full year 2026, the company expects to deliver mid-single digit organic revenue growth.
Nov 3, 2025, 10:00 PM
Novanta Reports Strong Q2 2025 Results and Provides Upbeat Full-Year Guidance
NOVT
Earnings
Guidance Update
New Projects/Investments
- Novanta reported Q2 2025 revenue of $241,000,000 and non-GAAP adjusted earnings per share of $0.76, meeting or exceeding expectations for sales, margins, and profit.
- The company provided full-year 2025 guidance, projecting adjusted EBITDA between $225,000,000 and $230,000,000 and adjusted diluted earnings per share between $3.22 and $3.36.
- Key growth drivers include the advanced surgery business, expected to nearly double by 2030 from $200,000,000 in 2024, and physical AI applications in robotics, with sales anticipated to double in 2026 versus 2025 and again in 2027.
- Novanta secured a $50,000,000 revenue contract over three years with a leading e-commerce and warehouse robotics company, with revenue commencing in 2026.
- The acquisition of Keon Technologies for approximately $75,000,000 is progressing well, exceeding initial expectations and contributing to the second half 2025 sales outlook and 2026 growth.
Aug 6, 2025, 5:55 AM
Novanta Inc. Secures New $1.0 Billion Credit Facility
NOVT
Debt Issuance
- Novanta Inc. entered into a Fourth Amended and Restated Credit Agreement on June 27, 2025, establishing an aggregate credit facility of approximately $1.0 billion.
- This new facility, which matures in June 2030, replaces the previous credit agreement that had $392.4 million in outstanding borrowings as of March 28, 2025, and was set to mature in March 2027.
- The $1.0 billion facility is composed of a €65.31 million euro-denominated 5-year term loan, a $75.0 million U.S. dollar denominated 5-year term loan, and an $850.0 million 5-year revolving credit facility.
- The agreement includes financial maintenance covenants, commencing September 26, 2025, requiring a minimum consolidated fixed charge coverage ratio of 1.25:1.00 and a maximum consolidated leverage ratio of 3.50:1.00, with a potential step-up to 4.00:1.00 for four consecutive quarters following certain acquisitions.
Jul 2, 2025, 12:00 AM
Novanta Announces 2025 Restructuring Plan
NOVT
Layoffs
- Novanta Inc. announced a 2025 Restructuring Plan aimed at streamlining operations, including regionalizing manufacturing and reducing workforce-related expenses.
- The plan is expected to incur pre-tax charges of approximately $20M to $25M and be completed in about 18 months, with anticipated annualized savings of $20M.
Jun 9, 2025, 12:00 AM
Novanta Q1 2025 Earnings, Acquisition, and Financial Highlights
NOVT
Earnings
M&A
Guidance Update
- Q1 2025 GAAP revenue reached $233M (up approximately 1-2% from prior year) .
- GAAP diluted EPS rose to $0.59 and net income increased by 45% to $21.2M, with adjusted EBITDA at $50.0M and operating cash flow of about $32M .
- Achieved a 46% adjusted gross margin alongside robust cash flow performance in Q1 2025 .
- Completed its first 2025 acquisition by acquiring Kion, an RFID and AI-enhanced solution provider, to drive strategic expansion .
- Management implemented effective tariff mitigation strategies, with near-term Q2 guidance trending at the high end ($240M) .
May 6, 2025, 2:01 PM
Quarterly earnings call transcripts for NOVANTA.
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