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 (NDSN) delivers precision dispensing solutions across industrial, medical, and technology sectors. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and technological advancements.
Access timely press releases covering earnings reports, product launches, strategic partnerships, and operational milestones. Our curated collection ensures efficient tracking of NDSN's innovations in adhesive dispensing systems, fluid management technologies, and automated manufacturing solutions.
Discover updates organized by key business segments: Industrial Precision Solutions advancements, Medical & Fluid Systems developments, and Advanced Technology initiatives. Stay informed about regulatory filings, leadership changes, and market expansion efforts through verified primary sources.
Bookmark this page for streamlined monitoring of Nordson's progress in solving complex manufacturing challenges through engineered precision. Regular updates ensure you maintain current awareness of this industrial technology leader's evolving market position.
Nordson Corporation (Nasdaq: NDSN) will host its Virtual Investor Day on March 30, 2021, from 9:00 a.m. to 12:30 p.m. EDT. Attendees can register here or through the company's website. The event will cover the business overview, strategic priorities, and financial goals, featuring key speakers including the CEO, CFO, and other executives. A presentation and replay will be available on the investors page.
Nordson Corporation (Nasdaq: NDSN) reported Q1 fiscal results, achieving $527 million in sales, marking a 6% year-over-year increase. The growth stems from strong performance in consumer non-durable and industrial markets. Operating profit rose 39% to $109 million, with net income reaching $78 million, a 49% increase compared to last year. The company expects full-year sales growth of 4% to 6% and EPS guidance between $6.30 and $6.70, reflecting a promising outlook despite divestiture impacts.
Nordson Corporation (Nasdaq:NDSN) announced a cash dividend of $0.39 per common share for Q2 FY2021, payable on March 9, 2021. This payout matches the Q1 FY2021 dividend, reflecting the company's commitment to returning value to shareholders. The record date for this dividend is February 23, 2021. Nordson, headquartered in Westlake, Ohio, specializes in products and systems for dispensing adhesives, coatings, and polymers across various markets.
Nordson Corporation (Nasdaq: NDSN) is set to release its first quarter fiscal year 2021 earnings on February 22, 2021, post market close. A quarterly webcast will follow on February 23, 2021, at 8:30 AM ET. Interested investors can access the live stream or replays via Nordson's official website, which will remain archived until March 2, 2021. Founded in 1954, Nordson specializes in engineered products for a variety of industries, including packaging, electronics, and medical sectors.
Nordson Corporation (Nasdaq: NDSN) has completed the divestiture of its screws and barrels product line from the polymer processing systems division to Altair Investments. This deal, signed on December 3, 2020, is expected to enhance Nordson's ongoing earnings. The screws and barrels product line generates over $70 million in annual revenue and employs 500 individuals. This strategic move aims to streamline operations and focus resources on core business areas, supporting Nordson's growth objectives.
Nordson Corporation (Nasdaq: NDSN) reported a 5% decrease in Q4 sales, totaling $559 million, down from $585 million YOY. While strength in electronics and medical products persisted, weakness in industrial and automotive markets impacted results. Operating profit stood at $37 million, with GAAP EPS at $0.31. The company announced a divestiture of its screws and barrels unit, incurring an $87 million impairment charge. For FY 2020, total sales were $2.1 billion, a 3% decline. Looking ahead, Q1 2021 sales are projected to grow by 2-3%.
Nordson Corporation (Nasdaq:NDSN) announced a cash dividend of $0.39 per common share for the fiscal year 2021 first quarter, payable on January 5, 2021, to shareholders of record as of December 18, 2020. This dividend matches the amount paid in the fourth quarter of fiscal year 2020. Nordson, headquartered in Westlake, Ohio, specializes in manufacturing products and systems for dispensing and controlling adhesives, coatings, and other fluids across various markets including electronics, medical, and packaging.
Nordson Corporation (NASDAQ-NDSN) has appointed Dr. John DeFord and Ms. Jennifer Parmentier to its board of directors, following the recent resignations of three directors. Dr. DeFord, with extensive experience in medical technology, is expected to enhance the board's strategic vision. Ms. Parmentier brings strong operational and M&A expertise to the team. Their appointments, effective November 23 and 30, 2020, respectively, raise the total number of directors to nine. The company values the contributions of the departing members, who have guided its growth.
Nordson Corporation (Nasdaq: NDSN) is set to release its fourth quarter and fiscal year 2020 earnings on December 15, 2020, after market close. This announcement precedes a quarterly webcast scheduled for December 16, 2020, at 8:30 AM ET. Investors can access the webcast live or listen to a replay on Nordson's website until December 23, 2020. Nordson specializes in engineered products and systems for a variety of industries including packaging, electronics, and medical sectors.
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