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 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.
Nordson Corporation (NASDAQ: NDSN) is set to release its fourth quarter and fiscal year 2022 earnings on December 14, 2022, after market close. A webcast will be held on December 15, 2022, at 8:30 AM ET. The company emphasizes its innovative precision technology and robust growth strategy, serving diverse markets including consumer non-durable, medical, electronics, and industrial sectors.
Nordson operates in over 35 countries and focuses on delivering top-tier growth with competitive margins.
Nordson Corporation (NASDAQ:NDSN) has received three prestigious 2022 Global Technology Awards for its innovative products. The awards, announced on November 2, 2022, were in the Metrology and AOI Inspection Systems categories for the CyberOptics SQ3000™+ and the SE3000™ SPI system. The Dual-Mode Multi-Reflection Suppression® (MRS)® sensor showcased in the SE3000 offers flexible high-speed and high-resolution inspection modes, enhancing capabilities in semiconductor and SMT markets. This accolade underscores Nordson's commitment to superior performance in inspection and metrology solutions.
Nordson Corporation (NASDAQ: NDSN) has successfully completed its acquisition of CyberOptics Corporation, a leading global developer of high-precision 3D optical sensing technology solutions. This acquisition, previously announced on August 8, 2022, significantly strengthens Nordson’s test and inspection platform and expands its product offerings in the semiconductor and electronics industries. The integration aims to leverage CyberOptics' differentiated technologies to enhance Nordson's market presence.
Nordson Corporation (NASDAQ: NDSN) announced that Anand Patel will succeed Ray Cushing as vice president of treasury and finance following Cushing's retirement at year-end. Anand Patel, formerly with O-I Glass, Inc. (NASDAQ: OI), has extensive experience in global treasury functions and capital market transactions. Joe Kelley, CFO, expressed confidence in Patel's ability to support Nordson’s growth trajectory. Ray Cushing oversaw significant revenue growth during his 42-year tenure, from $200 million to over $2.5 billion.
FAQ
What is the current stock price of Nordson (NDSN)?
What is the market cap of Nordson (NDSN)?
What does Nordson Corporation do?
When was Nordson Corporation founded?
Where is Nordson Corporation headquartered?
How many countries does Nordson operate in?
What are the main business segments of Nordson?
What was Nordson's revenue in fiscal 2023?
What industries does Nordson serve?
What kind of products does Nordson manufacture?
What values does Nordson Corporation operate under?
What are some of Nordson's recent achievements?
