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Novanta Expects Q4 Revenue Of $237M-$242M Vs $242.33M Est, Adj EPS Of $0.70-$0.74 Vs $0.85 Est

Benzinga·11/05/2024 12:04:47
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For the fourth quarter of 2024, the Company expects GAAP revenue of approximately $237 million to $242 million. The Company expects Adjusted Gross Profit Margin to be approximately 46.0%. The Company expects Adjusted EBITDA to be in the range of $50 million to $52 million and Adjusted Diluted EPS to be in the range of $0.70 to $0.74. The Company's guidance assumes no significant changes in foreign exchange rates.