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Stock impact report

Novanta Inc (NOVT) Q4 2024 Earnings Call Highlights: Record Cash Flow and Strategic Growth ... [Yahoo! Finance]

Novanta Inc. - Common Shares (NOVT) 
Last novanta inc. - common shares earnings: 2/26 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: investors.novanta.com
Company Research Source: Yahoo! Finance
Full Year 2024 Revenue: $949 million, 8% reported revenue growth, 2% organic decline. Adjusted Gross Margin: 47% for both Q4 and full year 2024, with core businesses expanding margins by 125 basis points in Q4 and 120 basis points for the year. Adjusted EBITDA: $52 million in Q4, 15% growth year-over-year; $210 million for the full year, 7% growth. Operating Cash Flow: $62 million in Q4, up 58%; $159 million for the full year, up 32%. Medical Market Sales: 55% of total sales, high single-digit growth on a reported basis. Advanced Industrial Market Sales: 45% of total sales, low double-digit growth on a reported basis. Design Wins: Over 40% growth in Q4. New Product Launches: 50 new products in 2024, with plans for 50% more in 2025. Book-to-Bill Ratio: 0.96 for Q4, with bookings up 54% year-over-year. Net Debt: $305 million, net leverage ratio of approximately 1.4 times. Adjusted Earnings Per Share (EPS): $0.76 in Q4, up 21% year-over-year; $3.08 for the full year Show less Read more
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