Nordson Q1 2023 Earnings Report
Key Takeaways
Nordson Corporation reported first quarter fiscal 2023 results with sales of $610 million, a 1% organic increase over the prior year. Adjusted earnings per share were $1.95 compared to $2.07 in the prior year. The company is updating its full-year fiscal 2023 revenue growth guidance to 0% to 3% and adjusted earnings guidance to $8.75 to $9.50 per share.
Sales were $610 million, a 1% organic increase over the prior year
Operating profit was $144 million
Adjusted operating profit was $155 million, 25% of sales
Earnings per share were $1.81
Nordson
Nordson
Nordson Revenue by Geographic Location
Forward Guidance
The Company is updating its previously issued full-year revenue growth guidance to 0% to 3% over record fiscal 2022 and narrowing its adjusted earnings guidance to the range of $8.75 to $9.50.
Revenue & Expenses
Visualization of income flow from segment revenue to net income