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Technology Stocks : Semi Equipment Analysis
SOXX 276.98-2.3%4:00 PM EST
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From: Return to Sender3/1/2023 10:31:13 PM
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Novanta beats by $0.03, beats on revs; guides Q1 EPS below estimate, revs below estimate; guides FY23 EPS below consensus, revs in-line
7:05 AM ET 3/1/23 | Briefing.com

Reports Q4 (Dec) earnings of $0.75 per share, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of $0.72; revenues rose 9.8% year/year to $218.37 mln vs the $215.57 mln S&P Capital IQ Consensus. Co issues downside guidance for Q1, sees EPS of $0.64 to $0.65, excluding non-recurring items, vs. $0.73 single analyst estimate; sees Q1 revs of $210 mln to $212 mln vs. $216.52 mln single analyst estimate. Co issues guidance for FY23, sees EPS of $3.00 to $3.20, excluding non-recurring items, vs. $3.32 S&P Capital IQ Consensus; sees FY23 revs of $890 mln to $915 mln vs. $905.86 mln S&P Capital IQ Consensus.

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