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Novanta (FRA:1GSN) Allowance For Loans And Lease Losses


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What is Novanta Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Novanta (FRA:1GSN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novanta Inc (FRA:1GSN) » Definitions » Allowance For Loans And Lease Losses
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Address
125 Middlesex Turnpike, Bedford, MA, USA, 01730
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.