NDSN - Nordson Non-GAAP EPS of $2.26 beats by $0.14 revenue of $650.17M beats by $11.3M

2023-05-22 16:34:51 ET

• Nordson press release ( NASDAQ: NDSN ): Q2 Non-GAAP EPS of $2.26 beats by $0.14 .
• Revenue of $650.17M (+2.3% Y/Y) beats by $11.3M .
• The increase in second quarter 2023 sales includes an organic increase of 1% and a favorable acquisition impact of 3%, offset by unfavorable currency translation of 2%.
• The organic sales increase was driven by strong 7% growth in Asia Pacific.
• Adjusted operating profit, excluding severance costs, totaled $176 million, or 27% of sales, compared to prior year adjusted operating profit of $184 million.
• Guidance: Maintaining previously issued full-year fiscal 2023 revenue guidance of 0% to 3% growth over record fiscal 2022 and narrowing adjusted earnings per diluted share to the range of $8.90 to $9.30 per share.
• Shares +2.68% .

For further details see: