Novanta is trading 12.91% up now at $172.89 after August 5, 2026, second-quarter results beat expectations.
- Adjusted EPS was $0.89 versus $0.83 expected; revenue was $265.8 million versus $262.3 million expected.
- Organic revenue growth reached 9.3%.
- Management raised full-year 2026 revenue guidance to $1.13 billion-$1.14 billion and adjusted EPS guidance to $3.68-$3.74, reinforcing the bullish earnings reaction.