BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Monday reported profit of $10.7 million in its third quarter.
On a per-share basis, the Bedford, Massachusetts-based company said it had profit of 30 cents. Earnings, adjusted for one-time gains and costs, came to 87 cents per share.
The photonic and motion control components maker posted revenue of $247.8 million in the period.
For the current quarter ending in December, Novanta expects its per-share earnings to range from 87 cents to 90 cents.
The company said it expects revenue in the range of $253 million to $257 million for the fiscal fourth quarter.
Novanta expects full-year earnings in the range of $3.24 to $3.30 per share, with revenue ranging from $975 million to $979 million.
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