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 (Nasdaq: NDSN) reported its fiscal Q2 2024 results with sales of $651 million, matching last year's figure. Net income stood at $118 million, equating to $2.05 per diluted share, a slight decrease from the previous year's $128 million and $2.21 per share. Adjusted earnings were $2.34 per share, down from $2.45. EBITDA remained flat at $203 million, representing 31% of sales.
Segment-wise, Industrial Precision Solutions saw a 9% sales increase to $367 million, while Medical and Fluid Solutions experienced a 2% rise to $169 million. Advanced Technology Solutions, however, faced a 22% decline in sales to $115 million.
Nordson updated its full-year fiscal 2024 guidance to forecast flat to 2% revenue growth, with adjusted EPS expected to range between $9.35 and $9.75. Q3 sales are projected between $645 and $670 million, with adjusted EPS of $2.25 to $2.40.
Nordson (Nasdaq: NDSN) declared a third quarter cash dividend of $0.68 per share for fiscal year 2024, maintaining the same amount as the previous quarter. The company is known for its innovative precision technology and diverse end market exposure, including consumer non-durable, medical, electronics, and industrial markets.
Nordson (Nasdaq: NDSN) announced the release of its second-quarter fiscal year 2024 earnings on May 20, 2024. The company will host a webcast on May 21, 2024, at 8:30 AM ET. Nordson is a precision technology company with a direct sales model, serving global customers in various end markets.
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