Novanta ( NASDAQ:NOVT – Get Free Report ) updated its third quarter 2023 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.70-$0.77 for the period, compared to the consensus earnings per share estimate of $0.82. The company issued revenue guidance of $221.00 million-$224.00 million, compared to the consensus revenue estimate of $229.58 million. Novanta also updated its FY 2023 guidance to $2.96-$3.15 EPS. Analyst Upgrades and Downgrades A number of brokerages have issued reports on NOVT.

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