Nordson Corp Stock Price, News & Analysis

Nordson EFD has launched a new Better Dispensing™ How-To Video series aimed at helping manufacturers select the right fluid dispensing systems. The series, presented by application specialist Tom Muccino, focuses on the differences between contact and non-contact (jet) dispensing methods and offers insights on choosing the best jetting valve. The videos highlight the advantages of jetting for fragile parts and explain both pneumatic and piezoelectric jetting technologies. With faster dispensing rates, these systems aim to enhance production efficiency and reduce waste.

Nordson Corporation (Nasdaq: NDSN) reported its fiscal second quarter results with sales of $635 million, an 8% increase from the prior year. Operating profit rose 11% to $184 million, while earnings per share declined to $1.88 from $2.12. Adjusted earnings per diluted share increased 15% to $2.43. The company updated its fiscal 2022 guidance, projecting adjusted earnings growth of 18% to 21% and revenue growth of 8% to 9% over fiscal 2021. Backlog exceeds $1 billion, signaling strong demand across various sectors.

Nordson Corporation (NASDAQ: NDSN) announced a cash dividend of $0.51 per common share for the third quarter of fiscal year 2022. This dividend is payable on June 7, 2022, to shareholders recorded by the close of business on May 24, 2022. The declared dividend matches the amount paid in the second quarter. Nordson is recognized for its precision technology and diverse market exposure, serving sectors such as consumer non-durable, medical, and electronics.

Nordson Electronics Solutions has unveiled a new system for dispensing single-component thermal interface materials, featuring the FS-EP1 Fluid Supply/Feeding System One-Gallon Pail Pump. This innovative pump reduces material waste and enhances ease of operation with a unique pail loading method. The system employs a closed-hydraulic approach to maintain the material's integrity, addressing challenges associated with transferring viscous materials. The FS-EP1 pump aims to improve dispensing performance while minimizing downtime, thus benefitting electronics manufacturers.

Nordson Corporation (NASDAQ: NDSN) will release its second quarter fiscal year 2022 earnings on May 23, 2022, after market close. The earnings will be discussed during a webcast on May 24, 2022, at 8:30 AM ET. Investors can access the webcast live or later through the company's website. Nordson, headquartered in Westlake, Ohio, focuses on precision technology and serves various markets including consumer non-durable and medical sectors.

Blue Spark Technologies Inc. has appointed John DeFord, Ph.D., to its board of directors, effective April 13, 2022, increasing the board size to five members. Dr. DeFord, with over 30 years in medical device leadership, aims to enhance the company’s TempTraq® platform, a remote patient monitoring solution. His extensive experience includes roles at Becton, Dickinson and Company and Cook Incorporated. The company is enthusiastic about Dr. DeFord's contributions as it seeks to establish TempTraq® as the new standard in remote monitoring.

Nordson Corporation (Nasdaq: NDSN) reported impressive results for its fiscal first quarter ended January 31, 2022, with sales of $609 million, marking a 16% increase from the prior year. Earnings per share surged to $2.05, up from $1.32. Adjusted operating profit reached $157 million, a 44% increase year-over-year. The company updated its full-year guidance, anticipating revenue growth of 7% to 10% and adjusted earnings growth of 14% to 18% over fiscal 2021, highlighting strong order entry and customer demand despite ongoing supply chain challenges.

Nordson Corporation (NASDAQ: NDSN) has declared a cash dividend of $0.51 per common share for the second quarter of fiscal year 2022, payable on March 8, 2022. This dividend matches the amount paid in the first quarter of fiscal year 2022. The company, which operates globally in over 35 countries, serves various markets including consumer non-durable, medical, electronics, and industrial sectors.

Nordson Corporation (NASDAQ: NDSN) will release its first quarter fiscal year 2022 earnings on February 22, 2022, after market close. A webcast to discuss the results is scheduled for February 23, 2022, at 8:30 AM ET. Nordson, a precision technology company founded in 1954 and based in Westlake, Ohio, operates globally across diverse markets including consumer non-durable goods, medical, electronics, and industrial applications. For those unable to attend the live webcast, a replay will be available until March 2, 2022.