earnings
confidence high
sentiment neutral
materiality 0.70
Nordson Q1 fiscal 2023 sales $610M, adjusted EPS $1.95, guidance narrowed to $8.75-$9.50
NORDSON CORP
2023-Q1 EPS reported
$1.81
revenue$610,477,000
- Sales $610M, flat YoY; organic +1%, acquisition +3%, currency -4%.
- Adjusted EPS $1.95 vs $2.07 prior year, down 6%; GAAP EPS $1.81.
- Segment: Industrial Precision Solutions $312M (+1% organic); Medical & Fluid $154M (-3%); Advanced Tech $145M (+14%).
- FY2023 guidance: revenue growth 0-3% over FY2022; adjusted EPS $8.75-$9.50 (narrowed).
- Backlog ~$1B but order entry decreased; customers pushing deliveries to H2 2023.