BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Tuesday reported net income of $4.5 million in its second quarter.
On a per-share basis, the Bedford, Massachusetts-based company said it had net income of 12 cents. Earnings, adjusted for non-recurring costs, were 76 cents per share.
The photonic and motion control components maker posted revenue of $241 million in the period.
For the current quarter ending in September, Novanta expects its per-share earnings to range from 78 cents to 85 cents.
The company said it expects revenue in the range of $244 million to $247 million for the fiscal third quarter.
Novanta expects full-year earnings in the range of $3.22 to $3.36 per share, with revenue ranging from $970 million to $985 million.
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