![]() ![]() A brief snapshot of the segmental sales is provided below: The segments are Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions. ![]() Nordson started reporting revenues under three segments effective Aug 1, 2022. Revenues generated from Europe decreased 2.5% to $167.9 million, while the metric in the Americas increased 1.8% to $278.7 million. On a regional basis, revenues from the Asia Pacific region increased 7.5% to $203.5 million. Acquisitions/divestitures had a positive impact of 2.8% while foreign currency translation had a negative impact of 1.8%. Organic sales expanded 1.3%, driven by combined growth in Asia Pacific. Revenues beat the Zacks Consensus Estimate of $638 million. In the reported quarter, Nordson’s revenues were $650.2 million, reflecting an increase of 2.3% from the year-ago fiscal quarter’s number. The bottom line decreased 7% from $2.43 per share in the year-ago fiscal quarter. Nordson’s second-quarter fiscal 2023 (ended Apr 30, 2023) adjusted earnings of $2.26 per share beat the Zacks Consensus Estimate of $2.10. Nordson Q2 Earnings & Revenues Beat Estimates ![]()
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