Nordson Q2 2023 Earnings Report
Key Takeaways
Nordson Corporation reported a 2% increase in sales, reaching $650 million. The company's EPS was $2.21, with an adjusted EPS of $2.26. The organic sales increase was driven by strong 7% growth in Asia Pacific. Diversification of business helped offset sales decreases in semiconductor and biopharmaceutical end markets, with a strong EBITDA of 31%.
Sales increased by 2% to $650 million compared to the prior year.
Earnings per share (EPS) reached $2.21.
Adjusted earnings per share were $2.26, a decrease from $2.43 in the prior year.
EBITDA totaled $203 million, representing 31% of sales.
Nordson
Nordson
Nordson Revenue by Geographic Location
Forward Guidance
The Company is maintaining its previously issued full-year revenue growth guidance of 0% to 3% over record fiscal 2022 and narrowing adjusted earnings guidance to the range of $8.90 to $9.30.
Revenue & Expenses
Visualization of income flow from segment revenue to net income