share_log

Novanta Expects FY24 Revenue Of $948M-$953M (Prior $975M) Vs $973.08M Est, Adj EPS Of $3.02-$3.06 (Prior $3.20-$3.35) Vs $3.29 Est

Benzinga ·  Nov 5 07:08

For the full year 2024, the Company expects GAAP revenue of approximately $948 million to $953 million. The Company expects Adjusted Gross Profit Margin to be approximately 46.3%. The Company expects Adjusted EBITDA to be in the range of $208 million to $210 million and Adjusted Diluted EPS to be in the range of $3.02 to $3.06. The Company's guidance assumes no significant changes in foreign exchange rates.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment