07:31 AM EDT, 05/07/2024 (MT Newswires) -- Novanta ( NOVT ) reported fiscal Q1 adjusted earnings Tuesday of $0.74 per diluted share, flat with a year earlier.

Three analysts polled by Capital IQ expected $0.58.

Revenue for the quarter ended March 29 was $230.9 million, compared with $219.1 million a year earlier.

Three analysts surveyed by Capital IQ expected $227.9 million.

Novanta ( NOVT ) said it expects Q2 adjusted earnings of $0.68 to $0.74 per diluted share. Three analysts surveyed by Capital IQ expect $0.73

Revenue for Q2 is expected to be $230 million to $235 million, the company said. Three analysts polled by Capital IQ expect $241.9 million.