Welcome to our dedicated page for Nordson news (Ticker: NDSN), a resource for investors and traders seeking the latest updates and insights on Nordson stock.
Nordson Corporation (NDSN) is a leading innovator in the engineering, manufacturing, and marketing of products and systems for precision dispensing and processing. Established in 1954 and headquartered in Westlake, Ohio, the company operates with a commitment to integrity, respect for people, customer passion, energy, and excellence.
Nordson specializes in equipment such as pumps, valves, dispensers, applicators, filters, and pelletizers used for dispensing adhesives, coatings, sealants, and other materials. The firm caters to a broad range of industries, including packaging, medical, electronics, and industrial sectors.
Organized into three primary segments: Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions, Nordson is dedicated to pioneering efficiency and innovation.
In fiscal 2023, Nordson reported revenues of approximately $2.6 billion, underscoring its significant market presence. The company continually invests in advanced technologies and has an extensive global footprint with direct operations in over 30 countries, enabling it to provide robust customer support and service worldwide.
Recent achievements include advancements in precision fluid dispensing technology and strategic collaborations to enhance their product offerings. Nordson's ongoing projects reflect its commitment to sustainability and technological advancement, ensuring that it remains at the forefront of industry innovation.
Nordson Corporation (NASDAQ: NDSN) has announced a donation of $500,000 to the 2023 Harvest for Hunger campaign, supporting local food relief efforts in Northeast Ohio. The initiative addresses increased food insecurity, with demand for assistance rising by 30% since the pandemic. As the campaign's Honorary Chairperson, CEO Sundaram Nagarajan emphasized the importance of community investment. The campaign aims to provide funds for 3 million meals as food insecurity affects 1 in 6 children in Ohio. The kickoff event represents a return to community gatherings since the pandemic.
Nordson Corporation (Nasdaq: NDSN) reported Q1 fiscal 2023 results, with sales of $610 million, a 1% organic increase year-over-year. The operating profit was $144 million, while adjusted operating profit reached $155 million, comprising 25% of sales. Earnings per diluted share decreased to $1.81 from $2.07 the previous year, with adjusted EPS at $1.95. The company updated its full-year guidance, projecting revenue growth of 0% to 3% and adjusted earnings per share between $8.75 and $9.50. Key growth was noted in Europe and the Americas, despite challenges in Asia Pacific due to COVID-19 and currency fluctuations.
Nordson Corporation (NASDAQ:NDSN) has named Sarah Siddiqui as its new executive vice president and chief human resources officer, effective February 20, 2023. Siddiqui succeeds Shelly Peet, who is retiring after nearly 20 years of service. Bringing over 20 years of HR experience from industries such as aerospace and financial services, Siddiqui aims to drive Nordson's Ascend talent strategy and enhance community relations. CEO Sundaram Nagarajan praised her background as a valuable asset for the company’s priorities in culture, inclusion, and talent development.
Nordson Corporation (NASDAQ: NDSN) has declared a cash dividend of
Nordson Corporation (NASDAQ: NDSN) will release its first quarter fiscal year 2023 earnings on February 20, 2023, after market close. A quarterly webcast is scheduled for February 21, 2023, at 8:30 AM ET. Investors can access the live broadcast and the replay via Nordson's investor website until February 28, 2023. The company, headquartered in Westlake, Ohio, specializes in precision technology and serves diverse end markets including non-durable consumer goods, medical, and electronics.
Nordson Test & Inspection will showcase innovative solutions at the 2023 IPC APEX EXPO from January 24-26 in San Diego. Featured products include the award-winning CyberOptics SQ3000™+ system, M2 AOI system, SE3000™ SPI system, and Quadra 7 X-ray system, all designed for high-precision inspection in electronics manufacturing. The SQ3000+ offers high accuracy and speed, suitable for advanced applications, while the M2 AOI system enhances defect coverage. The SE3000™ provides dual-mode flexibility for dedicated solder paste inspection, and the Quadra 7 X-ray system delivers exceptional image quality for critical inspections. For more information, visit Nordson's website.
Nordson Corporation (Nasdaq: NDSN) announced it received the 2022 SMT China Vision Award for its CyberOptics SQ3000™+ Multi-Function system, awarded for product innovation in the Test & Inspection category. This accolade marks the system's fourth award, highlighting its advanced capabilities designed for high-end applications like mini-LED and advanced packaging. The SQ3000+ features improved accuracy and resolution through its MRS sensor technology, which reduces reflection distortions. Established in 1954, Nordson operates globally, focusing on precision technologies across multiple markets.
Nordson Corporation (Nasdaq: NDSN) has reported impressive fiscal fourth quarter 2022 results, with sales reaching $684 million, marking a 14% year-over-year increase due to 18% organic growth. Operating profit rose to $178 million, up 17%, while diluted earnings per share grew to $2.44, representing a 30% increase. For the full year, Nordson achieved record sales of $2.6 billion, a 10% rise, and earnings per share of $8.81, reflecting a 22% increase. Looking ahead, Nordson expects sales growth of 1% to 7% and adjusted earnings between $8.75 and $10.10 for fiscal 2023.
Nordson Corporation (NASDAQ: NDSN) has announced a cash dividend of
Nordson Electronics Solutions has unveiled the SELECT Synchro selective soldering system, designed for high-volume printed circuit board assembly. This innovative system increases throughput by 20-40% and reduces footprint by 60%, making it 4X shorter than traditional systems. Key features include improved cost-of-ownership, flexibility with multiple solder pots, and enhanced quality controls. By offering a synchronous motion, the SELECT Synchro enhances solder joint reliability and provides greater efficiency compared to conventional wave soldering methods.
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