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Novanta (NOVT) Valuation Check After Earnings Beat And Strong Guidance Shift
Simply Wall St.85d agobullish
Novanta (NOVT) Valuation Check After Earnings Beat And Strong Guidance Shift

Novanta (NOVT) just posted first quarter results that beat earnings and revenue expectations, with sales of US$257.71 million and forward guidance above analyst estimates, marking a shift after earlier quarters of missed forecasts. See our latest analysis for Novanta. The strong first quarter beat and improved guidance appear to be feeding into momentum, with the share price up 11.8% over the past month and a year to date share price return of 26%. This is despite the 3 year total shareholder...

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