Novanta Inc (USA) (OQ:NOVT)

Sector:  Technology Industry:  Electronic Equipment & Parts
See Regulatory Filings on SEC
Company Contact
Address: 125 Middlesex Tpke
BEDFORD MA 01730-1409
Tel: 1-781-2665137
IR: See website
Key People
Stephen W. Bershad
Independent Chairman of the Board
Matthijs Glastra
Chief Executive Officer, Director
Robert J. Buckley
Chief Financial Officer
Brian S. Young
Chief Human Resource Officer
Business Overview
Novanta Inc., formerly GSI Group Inc., designs, develops, manufactures and sells precision photonic and motion control components and subsystems. The Company's segments are Photonics, Vision and Precision Motion. The Photonics segment designs, manufactures and markets photonics-based solutions, including carbon dioxide (CO2) laser sources, laser scanning and laser beam delivery products, to customers around the world. The Vision Technologies segment designs, manufactures and markets a range of medical grade technologies, including visualization solutions, imaging informatics products, optical data collection and machine vision technologies, radio frequency identification (RFID) technologies, and thermal printers, to customers around the world. The Company's Precision Motion segment designs, manufactures and markets optical encoders, precision motors and other motion control technology, air bearing spindles and precision machined components to customers around the world.
Financial Overview
For the six months ended 03 July 2020, Novanta Inc (USA) revenues decreased 4% to $300.2M. Net income increased 4% to $23.6M. Revenues reflect Photonics segment decrease of 18% to $47.8M, Vision segment decrease of 2% to $64.7M, United States segment decrease of 12% to $54.5M, Rest Of Europe segment decrease of 15% to $30.7M, Rest of Asia-Pacific segment decrease of 14% to $17.8M.
Employees: 2,290 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $4,116M as of Jul 3, 2020
Annual revenue (TTM): $613.96M as of Jul 3, 2020
EBITDA (TTM): $105.78M as of Jul 3, 2020
Net annual income (TTM): $41.75M as of Jul 3, 2020
Free cash flow (TTM): $84.19M as of Jul 3, 2020
Net Debt Last Fiscal Year: $134.96M as of Jul 3, 2020
Shares outstanding: 35,155,466 as of Jul 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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