Business
Novanta Announces Financial Results for the Third Quarter 2025
Third Quarter 2025 GAAP Revenue increased 1.4% to $247.8 million Third Quarter 2025 GAAP Net Income of $10.7 million Third Quarter 2025 GAAP Diluted Earnings
About this update from Novanta Inc.
[{"type":"text","content":"\n\nThird Quarter 2025 GAAP Revenue increased 1.4% to $247.8 million\n\n\n\nThird Quarter 2025 GAAP Net Income of $10.7 million\n\n\n\nThird Quarter 2025 GAAP Diluted Earnings Per Share of $0.30\n\n\n\nThird Quarter 2025 Adjusted EBITDA of $58.1 million\n\n\n\nThird Quarter 2025 Adjusted EPS of $0.87\n\n\n\n BOSTON--(BUSINESS WIRE)--\nNovanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the third quarter 2025.\n\n\n\n\nFinancial Highlights\n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n\n\n(In millions, except per share amounts)\n\n\n\n\n\n\nSeptember 26,\n\n\n\n\n\n\n \n\n\n\n\n\n\nSeptember 27,\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n2025\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n\n\nGAAP\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nRevenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n247.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n244.4\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nOperating Income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n21.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n32.6\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet Income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n10.7\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n19.2\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nDiluted EPS\n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.30\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.53\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNon-GAAP*\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nAdjusted Operating Income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n47.4\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n46.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nAdjusted Diluted EPS\n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.87\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.85\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nAdjusted EBITDA\n\n\n\n\n\n\n$\n\n\n\n\n\n\n58.1\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n57.0\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n*Reconciliations of GAAP to non-GAAP financial measures, as well as definitions for the non-GAAP financial measures included in this press release and the reasons for their use, are presented below.\n\n\n\n\n\n\n\nThird Quarter\n\n\n“We exceeded our expectations for revenue, profit and Adjusted EPS growth in the third quarter, based on impr...