Earnings Summary of Nordson: Q2 Results Revealed

Tuesday, 21 May 2024, 14:48

Nordson Corporation (NASDAQ: NDSN) has recently disclosed its second-quarter 2024 financial results, showing a decrease in profits with sales holding steady from the prior year. Notably, net income declined, while adjusted earnings per share and EBITDA also witnessed a dip. The company expects its third-quarter performance to remain within specified ranges as it navigates through the challenges in the market.

https://store.livarava.com/58f81da9-1781-11ef-a6c7-63e1980711b2.jpg — Earnings Summary of Nordson: Q2 Results Revealed

Earnings Summary: Nordson (NDSN)

Nordson Corporation (NASDAQ: NDSN) has reported a decline in earnings for the second quarter of 2024 when sales remained broadly unchanged year-over-year.

Key Highlights:

Q2 sales were $651 million, comparable to the previous year
Net income decreased to $118 million or $2.05 per share
Adjusted net income dropped to $135 million
EBITDA at $203 million, or 31% of sales
Management guides for adjusted EPS in the range of $9.35 to $9.75 for fiscal 2024
Third-quarter sales forecasted between $645 to $670 million

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Earnings Summary: Nordson (NDSN)

Key Highlights:

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