Nordson Q1 2022 Earnings Report
Key Takeaways
Nordson Corporation reported a strong first quarter for fiscal year 2022, with sales of $609 million, a 16% increase over the prior year. Earnings per share were $2.05, and adjusted earnings per diluted share were $2.07, a 57% increase over the prior year. The company is updating its full-year 2022 guidance to the high-end of the range for revenue and earnings.
Sales were $609 million, a 16% increase over prior year.
Earnings per share were $2.05 compared to $1.32 in the prior year.
Adjusted operating profit was $157 million, a 44% increase over prior year.
Adjusted earnings were $2.07 per diluted share, a 57% increase over the prior year.
Nordson
Nordson
Nordson Revenue by Geographic Location
Forward Guidance
The Company is focusing its guidance to the high end of its previous ranges based upon the strong fiscal first quarter performance. It now expects full-year revenue growth in the range of 7% to 10% and adjusted earnings per diluted share growth in the range of 14% to 18% over fiscal 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income