NOVT
Information Technology

Novanta Inc.

NOVT
Since 1987

Headquarters:

MA, United States

Exchange:

NASDAQ

Industry:

Scientific & Technical Instruments

Number of Employees:

2.90K

Current Fiscal Year:

2024

Market Cap:

4.27B

Price per Share:

$118.86

Quarterly Dividend per Share:

Year-to-date Performance:
-21.2483%
Dividend Yield:
%
Price-to-book Ratio:
N/A
Trailing P/E Ratio:
71.00

Price History

Latest Prices

DateOpenHighLowClose
2025-04-30116.14119.32114.53118.86
2025-04-29118.01119.19116.84117.71
2025-04-28119.74124.515117.46118.55
2025-04-25119.3119.93117.71119.74
2025-04-24115.93121.1025115.33120.55

Novanta Inc., together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Robotics and Automation segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts.

Financial Performance

2024 Revenue:922.75M

Detailed view of quarterly revenue

2024 Net Income:60.13M

Detailed view of quarterly net income

2024 Free Cash Flow:114.81M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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