Nordson Q2 2022 Earnings Report
Key Takeaways
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%.
Nordson
Nordson
Nordson Revenue by Geographic Location
Forward Guidance
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income