Welcome to our dedicated page for Nordson news (Ticker: NDSN), a resource for investors and traders seeking the latest updates and insights on Nordson stock.
Nordson Corporation manufactures precision technology equipment and systems used to dispense, apply, test, inspect, and control adhesives, coatings, sealants, fluids, and other materials. Its recurring updates cover quarterly earnings, margins, guidance, dividends, and demand across consumer non-durable, medical, electronics, semiconductor, packaging, and industrial end markets.
Company news also includes Nordson EFD product and trade-show activity for precision fluid dispensing, automated assembly, and medical device manufacturing applications. Segment commentary commonly references Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions, along with the company’s direct sales model and applications expertise.
Nordson Corporation (Nasdaq: NDSN) reported impressive results for its fiscal first quarter ended January 31, 2022, with sales of $609 million, marking a 16% increase from the prior year. Earnings per share surged to $2.05, up from $1.32. Adjusted operating profit reached $157 million, a 44% increase year-over-year. The company updated its full-year guidance, anticipating revenue growth of 7% to 10% and adjusted earnings growth of 14% to 18% over fiscal 2021, highlighting strong order entry and customer demand despite ongoing supply chain challenges.
Nordson Corporation (NASDAQ: NDSN) has declared a cash dividend of $0.51 per common share for the second quarter of fiscal year 2022, payable on March 8, 2022. This dividend matches the amount paid in the first quarter of fiscal year 2022. The company, which operates globally in over 35 countries, serves various markets including consumer non-durable, medical, electronics, and industrial sectors.
Nordson Corporation (NASDAQ: NDSN) will release its first quarter fiscal year 2022 earnings on February 22, 2022, after market close. A webcast to discuss the results is scheduled for February 23, 2022, at 8:30 AM ET. Nordson, a precision technology company founded in 1954 and based in Westlake, Ohio, operates globally across diverse markets including consumer non-durable goods, medical, electronics, and industrial applications. For those unable to attend the live webcast, a replay will be available until March 2, 2022.
Nordson Corporation (NASDAQ: NDSN) announced that Greg Merk, executive vice president and leader of the Industrial Precision Solutions segment, will leave the company for new opportunities effective January 31, 2022. CEO Sundaram Nagarajan expressed gratitude for Merk's leadership and emphasized the strong divisional leaders within the IPS segment to ensure a smooth transition. Nagarajan will temporarily oversee this segment and aims to empower the team to implement the Ascend Strategy, focusing on growth and operational excellence.
Nordson EFD has launched the UltimusPlus-NX fluid dispenser, enhancing manufacturing efficiency with its Ethernet connection for Smart Factory integration. It allows 100% remote management, enabling users to control dispensing parameters from a PLC or device, thereby improving operational efficiency and documentation. This innovation streamlines processes and promotes better decision-making, contributing to reduced costs and increased productivity for manufacturers.
Nordson Corporation (Nasdaq: NDSN) reported fourth quarter sales of $599 million, a 7% increase year-over-year, with a record full year sales of $2.4 billion, up 11%. Fourth quarter earnings per diluted share rose by 18% to $1.88. The company expects first quarter 2022 sales growth of 14% to 16% and full year growth of 6% to 10%. Operating profit in Q4 was $151 million, representing 25% of sales, while EBITDA reached $177 million. The backlog entering Q1 2022 is approximately $800 million, a 90% increase from the previous year.
Nordson Corporation (NASDAQ:NDSN) declared a cash dividend of $0.51 per common share for Q1 fiscal year 2022, payable on January 4, 2022. This dividend matches the $0.51 paid in Q4 of FY 2021. The announcement reflects Nordson's commitment to returning value to shareholders while maintaining strong financial performance.
The company operates globally in over 35 countries, focusing on precision technology across diverse end markets such as consumer non-durable, medical, electronics, and industrial sectors.
Nordson EFD, a subsidiary of NDSN, has unveiled the 7197PCP-DIN-NX controller, designed to enhance the operation of 797PCP progressive cavity pumps. This Ethernet-enabled controller integrates with Smart Factory systems utilizing TCP/IP protocol, offering manufacturers improved efficiency and productivity. It allows centralized control and on-the-fly adjustments of dispensing parameters, greatly improving process oversight. The system guarantees fluid dispensing accuracy of ± 1%, ensuring reliability in manufacturing processes.
Nordson Corporation (NASDAQ: NDSN) will release its fourth quarter and fiscal year 2021 earnings on December 15, 2021, after market close. A quarterly webcast is scheduled for December 16, 2021, at 8:30 AM ET. The company is recognized for its innovative precision technology services across various sectors, including consumer non-durable, medical, electronics, and industrial markets. With operations in over 35 countries, Nordson maintains a direct sales model that emphasizes application expertise to meet global customer needs.
Nordson Corporation (Nasdaq: NDSN) released its November 2021 Environmental, Social, and Governance (ESG) Report, highlighting the importance of ESG in its culture and operations. The report outlines five key priorities: managing environmental impacts, delivering responsible products, fostering an inclusive culture, supporting communities, and operating with integrity. The company's Ascend strategy aims for top-tier growth through a division-led owner mindset. Notable efforts include reducing environmental footprints, enhancing customer sustainability, and a commitment of over $11 million in charitable contributions in 2020.