Nordson Corp - NDSN STOCK NEWS

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.

Nordson Corporation (NASDAQ: NDSN) announced that Greg Merk, executive vice president and leader of the Industrial Precision Solutions segment, will leave the company for new opportunities effective January 31, 2022. CEO Sundaram Nagarajan expressed gratitude for Merk's leadership and emphasized the strong divisional leaders within the IPS segment to ensure a smooth transition. Nagarajan will temporarily oversee this segment and aims to empower the team to implement the Ascend Strategy, focusing on growth and operational excellence.

Nordson EFD has launched the UltimusPlus-NX fluid dispenser, enhancing manufacturing efficiency with its Ethernet connection for Smart Factory integration. It allows 100% remote management, enabling users to control dispensing parameters from a PLC or device, thereby improving operational efficiency and documentation. This innovation streamlines processes and promotes better decision-making, contributing to reduced costs and increased productivity for manufacturers.

Nordson Corporation (Nasdaq: NDSN) reported fourth quarter sales of $599 million, a 7% increase year-over-year, with a record full year sales of $2.4 billion, up 11%. Fourth quarter earnings per diluted share rose by 18% to $1.88. The company expects first quarter 2022 sales growth of 14% to 16% and full year growth of 6% to 10%. Operating profit in Q4 was $151 million, representing 25% of sales, while EBITDA reached $177 million. The backlog entering Q1 2022 is approximately $800 million, a 90% increase from the previous year.

Nordson Corporation (NASDAQ:NDSN) declared a cash dividend of $0.51 per common share for Q1 fiscal year 2022, payable on January 4, 2022. This dividend matches the $0.51 paid in Q4 of FY 2021. The announcement reflects Nordson's commitment to returning value to shareholders while maintaining strong financial performance.

The company operates globally in over 35 countries, focusing on precision technology across diverse end markets such as consumer non-durable, medical, electronics, and industrial sectors.