Novanta Announces Financial Results for the Fourth Quarter and Full Year 2023
In the fourth quarter of 2023, GAAP operating income was $21.7 million, compared to $26.8 million in the fourth quarter of 2022.
- In the fourth quarter of 2023, GAAP operating income was $21.7 million, compared to $26.8 million in the fourth quarter of 2022.
- GAAP net income was $12.5 million in the fourth quarter of 2023, compared to $15.3 million in the fourth quarter of 2022.
- GAAP diluted earnings per share (“EPS”) was $0.35 in the fourth quarter of 2023, compared to $0.42 in the fourth quarter of 2022.
- Adjusted Diluted EPS was $0.63 in the fourth quarter of 2023, compared to $0.75 in the fourth quarter of 2022.