Novanta Inc. reported earnings results for the third quarter ended September 30, 2022. For the third quarter, the company reported sales was USD 222.96 million compared to USD 177.73 million a year ago. Net income was USD 22.49 million compared to USD 13.6 million a year ago.

Basic earnings per share from continuing operations was USD 0.63 compared to USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 0.38 a year ago.