Nordson Beats Expectations, Projects Growth

Nordson Corporation, based in Westlake, Ohio, exceeded analysts predictions with a net income of $151.6 million, translating to a profit of $2.69 per share. Their adjusted earnings reached $3.03 per share, surpassing the estimated $2.93 per share. The companys annual profit was $484.5 million, or $8.51 per share, with a revenue of $2.79 billion. Looking ahead, Nordson anticipates Q1 earnings between $2.25 and $2.45 per share, and full-year earnings between $10.80 and $11.50 per share, with revenue ranging from $2.83 billion to $2.95 billion.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.