Novanta Inc. reported earnings results for the first quarter ended March 29, 2024. For the first quarter, the company reported sales was USD 230.92 million compared to USD 219.13 million a year ago. Net income was USD 14.68 million compared to USD 18.27 million a year ago.

Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.51 a year ago.