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BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Wednesday reported fourth-quarter earnings of $15.3 million.
On a per-share basis, the Bedford, Massachusetts-based company said it had net income of 42 cents. Earnings, adjusted for one-time gains and costs, were 75 cents per share.
The photonic and motion control components maker posted revenue of $218.4 million in the period.
For the year, the company reported profit of $74.1 million, or $2.06 per share. Revenue was reported as $860.9 million.
For the current quarter ending in March, Novanta expects its per-share earnings to range from 64 cents to 65 cents.
The company said it expects revenue in the range of $210 million to $212 million for the fiscal first quarter.
Novanta expects full-year earnings in the range of $3 to $3.20 per share, with revenue ranging from $890 million to $915 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a NOVT">Zacks stock report on NOVT at https://www.zacks.com/ap/NOVT