Nordson Corporation reported an 8% increase in sales, reaching $635 million, and an 11% increase in operating profit, totaling $184 million. Adjusted earnings per share were $2.43, a 15% increase over the prior year. The company is raising its full-year earnings guidance and narrowing revenue growth expectations.
Sales increased by 8% to $635 million compared to the prior year.
Operating profit increased by 11% to $184 million compared to the prior year.
Adjusted earnings per share increased by 15% to $2.43 compared to the prior year.
Full-year adjusted earnings per share growth is now expected to be in the range of 18% to 21%.
The Company is increasing its previously issued adjusted earnings guidance to growth in the range of 18% to 21% and narrowing its previously issued year-over-year revenue guidance to growth of 8% to 9% over fiscal 2021. Fiscal 2022 third quarter revenue and adjusted earnings are forecasted to be comparable to the prior year results.
Visualization of income flow from segment revenue to net income