BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Wednesday reported net income of $12.5 million in its fourth quarter.

The Bedford, Massachusetts-based company said it had profit of 35 cents per share. Earnings, adjusted for one-time gains and costs, were 63 cents per share.

The photonic and motion control components maker posted revenue of $211.6 million in the period.

For the year, the company reported profit of $72.9 million, or $2.02 per share. Revenue was reported as $881.7 million.

For the current quarter ending in March, Novanta expects its per-share earnings to range from 55 cents to 60 cents.

The company said it expects revenue in the range of $225 million to $230 million for the fiscal first quarter.

Novanta expects full-year earnings in the range of $3.10 to $3.35 per share, with revenue ranging from $975 million to $1 billion.

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