Categories Earnings, Other Industries
Earnings Summary: Highlights of Nordson Corp. (NDSN) Q3 2023 results
Nordson Corporation (NASDAQ: NDSN), a provider of systems for applying adhesives, sealants, and coatings, Tuesday reported financial results for the third quarter of 2023.
- Total sales came in at $649 million in the third quarter, which is down 2% from the prior-year quarter
- Operating profit was $171 million in the July quarter, compared to $184.9 million a year earlier
- Third-quarter EBITDA totaled $208 million, which represents around 32% of sales
- Net income declined to $127.9 million or $2.22 per share in Q3 from $141.8 million or $2.45 per share last year
- Adjusted earnings per share were $2.35, down 6% from the prior-year adjusted earnings per share of $2.49
- Industrial Precision Solutions sales edged down 1% year-over-year to $338 million in Q3; Medical and Fluid Solutions sales dropped 6%
- At $140 million, Advanced Technology Solutions sales were down 3% from the prior-year third quarter
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
A look at how Disney’s (DIS) entertainment business performed in Q2 2024
Shares of the Walt Disney Company (NYSE: DIS) stayed green on Wednesday. The stock has gained 16% year-to-date. The company recorded revenue and earnings growth for the second quarter of