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Novanta Inc Company Snapshot
Novanta Inc operates in the Electromedical equipment sector. In addition to historical fundamental analyses, the complete report available to purchase compares Novanta Inc with three other medical equipment manufacturers in North America: Fulgent Genetics Inc of UNITED STATES (2020 sales of $421.71 million of which 61% was Institutional), Conmed Corp of UNITED STATES ($862.46 million of which 57% was General Surgery), and Natus Medical, Incorporation which is also based in UNITED STATES ($415.68 million of which 57% was Total Neurology Revenue).

Sales Analysis. During the first quarter of 2021, sales at Novanta Inc totalled C$203.67 million. This is a drop of 2.2% from the C$208.20 million in sales at the company during the first quarter in 2020. Novanta Inc reported sales of C$790.97 million (US$642.54 million) for the year ending December of 2020. This represents a decrease of 4.5% versus 2019, when the company's sales were C$828.45 million. Contributing to the drop in overall sales was the 12.3% decline in Photonics, from C$304.94 million to C$267.32 million. There were also decreases in sales in Vision (down 2.4% to C$350.40 million) . However, these declines were partially offset by the increase in sales of Precision Motion (up 5.4% to C$173.24 million) .
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Novanta Inc
  Stock Performance Chart for Novanta Inc
  Stock Data: Recent Stock Performance:
  Current Price (6/18/2021): 156.84
(Figures in Canadian Dollars)
1 Week -4.5%   13 Weeks -5.3%  
4 Weeks -5.1%   52 Weeks 13.5%  
Novanta Inc Key Data:
  Ticker: NOVT Country: United States
  Exchanges: NAS BLN Major Industry: Software & Services
    Sub Industry: Electromedical Equipment
  2020 Sales 790,968,228
(Year Ending Jan 2021).
Employees: 2,200
  Currency: Canadian Dollars Market Cap: 5,549,540,931
  Fiscal Yr Ends: December Shares Outstanding: 35,384,000
  Share Type: Common Closely Held Shares: 903,773
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