Categories Earnings, Other Industries

Earnings Summary: Nordson (NDSN) reports lower profit and flat sales for Q2

Nordson Corporation (NASDAQ: NDSN), which designs and manufactures dispensing equipment for consumer and industrial adhesives and sealants, has reported a decline in earnings for the second quarter of 2024 when sales remained broadly unchanged year-over-year.

  • Q2 sales were $651 million, compared to $650 million reported in the second quarter of the previous year
  • Net income decreased to $118 million or $2.05 per share in the April quarter from $128 million or $2.21 per share in Q2 2023
  • Adjusted net income was $135 million, a decrease from the prior year’s adjusted net income of $141 million
  • Second-quarter adjusted net income, on a per-share basis, dropped 4% annually to $2.34 from $2.45 last year
  • EBITDA came in at $203 million in Q2, or 31% of sales, compared to prior year EBITDA of $203 million, or 31% of sales
  • For fiscal 2024, the management expects adjusted earnings per share to be in the range of $9.35 to $9.75
  • Third-quarter sales are forecasted in the range of $645 to $670 million, with adjusted earnings in the range of $2.25 to $2.40 per share

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

DBX Earnings: A snapshot of Dropbox’s Q3 2024 results

Dropbox, Inc. (NASDAQ: DBX) reported an increase in adjusted earnings for the third quarter of 2024. Revenues rose modestly during the quarter. The company, a leading cloud-based document management platform,

Expedia Group (EXPE) Earnings: 3Q24 Key Numbers

Expedia Group, Inc. (NASDAQ: EXPE) reported revenue of $4.1 billion for the third quarter of 2024, up 3% compared to the same period a year ago. Net income attributable to

Main highlights from Take-Two Interactive Software’s (TTWO) Q2 2025 report

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) were up over 5% on Thursday. The stock has gained 26% over the past three months. The company delivered revenue growth for

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top