NASDAQ:NOVT - Nasdaq - CA67000B1040 - Common Stock - Currency: USD
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the electronic components stocks, including Novanta (NASDAQ:NOVT) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at electronic components stocks, starting with Vishay Precision (NYSE:VPG).
Novanta’s stock price has taken a beating over the past six months, shedding 21.9% of its value and falling to a new 52-week low of $133.58 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Novanta (NASDAQ:NOVT) just reported results for the second quarter of 2024.Nova...
Medicine and manufacturing technology provider Novanta (NASDAQ:NOVT) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 12.5% year on year to $238.1 million. Next quarter’s revenue guidance of $234 million underwhelmed, coming in 4.4% below analysts’ estimates. Its non-GAAP profit of $0.76 per share was 6.5% above analysts’ consensus estimates.
NOVT stock results show that Novanta beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
Medicine and manufacturing technology provider Novanta (NASDAQ:NOVT) will be announcing earnings results tomorrow morning. Here’s what to look for.
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