BEDFORD, Mass. (AP) _ Novanta Inc. (NOVT) on Tuesday reported third-quarter profit of $22.5 million.
On a per-share basis, the Bedford, Massachusetts-based company said it had profit of 63 cents. Earnings, adjusted for one-time gains and costs, came to 81 cents per share.
The photonic and motion control components maker posted revenue of $223 million in the period.
For the current quarter ending in December, Novanta expects its per-share earnings to range from 70 cents to 74 cents.
The company said it expects revenue in the range of $215 million to $217 million for the fiscal fourth quarter.
Novanta expects full-year earnings in the range of $3.02 to $3.06 per share, with revenue ranging from $857 million to $859 million.
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