WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today announced it will release second quarter fiscal year 2024 earnings on May 20, 2024, after the close of the market. Nordson will host its quarterly webcast on: Date: Tuesday, May 21, 2024 Time: 8:30 AM ET Link to listen: Investors who are interested in listening to the webcast, but are not able to participate during the scheduled time, can access the replay by visiting . Nordson Corporation is an innovative precision technology company that leverages a scalable grow...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (NASDAQ: NDSN) today announced that Daniel Hopgood has been named executive vice president and chief financial officer, effective May 20, 2024. Mr. Hopgood succeeds Joseph Kelley, who assumed the role of Nordson’s executive vice president and Industrial Precision Solutions segment leader as previously announced. This press release features multimedia. View the full release here: Daniel Hopgood (Photo: Business Wire) Mr. Hopgood brings more than 25 years of financial and operational expertise to the role. Since 2012, he’s held roles of increasing responsibili...
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) today reported results for the fiscal first quarter ended January 31, 2024. Sales were $633 million, a 4% increase compared to the prior year’s first quarter sales of $610 million. The increase in first quarter 2024 sales included a favorable acquisition impact of 5%, partially offset by an organic sales decrease of 2%. The organic sales decrease was driven by ongoing pressure in electronics product lines, partially offset by growth in medical interventional, industrial and polymer processing product lines. Net income was $...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (NASDAQ: NDSN) today announced the election of Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, to its board of directors, effective April 1, 2024. Ms. Clayton’s extensive executive and leadership experience in manufacturing, engineering operations, quality and productivity improvements, business process and strategic development, operational planning and business development will be an excellent complement to Nordson’s board. This press release features multimedia. View the full release here: ...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today announced that its board of directors declared a fiscal year 2024 second quarter cash dividend in the amount of $0.68 per common share, payable on March 5, 2024, to shareholders of record as of the close of business on February 20, 2024. This amount equals the $0.68 per common share dividend paid in the first quarter of fiscal year 2024. Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leadi...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today announced it will release first quarter fiscal year 2024 earnings on February 21, 2024, after the close of the market. Nordson will host its quarterly webcast on: Date: Thursday, February 22, 2024 Time: 8:30 AM ET Link to listen: Investors who are interested in listening to the webcast, but are not able to participate during the scheduled time, can access the replay by visiting . The webcast will be archived until Thursday, March 7, 2024. Nordson Corporation is an innovative precision techno...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) and the announced today they contributed more than $13.1 million combined to charity during their 2023 fiscal year that ended October 31. Nordson’s giving programs prioritize nonprofit organizations in the United States where the company conducts major operations, including Ohio, Colorado, Georgia, California, and Rhode Island. In fiscal 2023, Nordson expanded its Matching Gifts program globally, matching more than $41,000 raised by international employees for earthquake relief in Turkey and Syria. Grants from the Nordson Corporation Foundat...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (NASDAQ: NDSN) announced the election of Christopher L. Mapes, retired president and chief executive officer of Lincoln Electric Holdings, Inc. (NASDAQ: LECO), to its board of directors, effective today. Mr. Mapes has more than 38 years of experience leading diversified global manufacturing companies. Beyond his keen understanding of the manufacturing industry, Mr. Mapes has significant experience in the areas of mergers and acquisitions, global operations, international compliance and developing and implementing strategic operating plans. This press release...
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) today reported results for the fiscal fourth quarter ended October 31, 2023. Sales were $719 million, a 5% increase compared to the prior year’s fourth quarter sales of $684 million. The increase in fourth quarter 2023 sales included the favorable 7% impact of acquisitions and favorable currency translation of 1%, offset by an organic decrease of 3%. The organic sales decrease was driven by electronics dispense and biopharma product lines, offset by strong growth in medical interventional solutions, industrial coatings and po...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today announced that its board of directors declared a fiscal year 2024 first quarter cash dividend in the amount of $0.68 per common share, payable on January 2, 2024 to shareholders of record as of the close of business on December 19, 2023. This amount equals the $0.68 per common share dividend paid in the fourth quarter of fiscal year 2023. Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework to deliver top tier growth with leading margins and returns. The Company’s direct sales mo...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today announced it will release fourth quarter and fiscal year 2023 earnings on December 13, 2023, after the close of the market. Nordson will host its quarterly webcast on: Date: Thursday, December 14, 2023 Time: 8:30 AM ET Link to listen: Investors who are interested in listening to the webcast, but are not able to participate during the scheduled time, can access the replay by visiting . The webcast will be archived until Thursday, December 21, 2023. Nordson Corporation is an innovative precisi...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today published its 2023 Environmental, Social, and Governance (ESG) Report, carrying forward the strategies and commitments from its previous two ESG publications and providing updates on key initiatives and metrics. In alignment with Nordson’s Ascend strategy, and through close collaboration with regional experts at its global facilities, Nordson is making progress toward the development and implementation of strategic initiatives to achieve its climate-related targets. “ESG is a journey, and I am pleased with the foundation we are building...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) announced today that Executive Vice President and Chief Financial Officer Joseph Kelley has been appointed Executive Vice President and Industrial Precision Solutions segment leader, effective November 1, 2023. Mr. Kelley will succeed Jeffrey Pembroke, who will be retiring from the Company after 18 years of leadership. “Building Winning Teams is one of the key pillars of our Ascend Strategy. As Jeff retires, we are fortunate to have Joe ready to step into this position. Those who know Joe are familiar with the energy and pa...
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (NASDAQ: NDSN) shared today that Anne Pombier has announced her intention to retire as Vice President, Corporate Development, effective April 1, 2024. Ms. Pombier will be succeeded by Katie Colacarro, who will be promoted from her current role as Director of Internal Audit, effective January 1, 2024. They will be working together over the next several months to ensure a smooth transition, continuing the momentum of the Company’s inorganic growth strategy. Sundaram Nagarajan, president and chief executive officer, said, “Acquisitions are a...
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) (“Nordson” or the “Company”) today announced the pricing of its offering (the “Offering”), on September 7, 2023, of $350 million aggregate principal amount of 5.600% notes due 2028 (the “2028 notes”) and $500 million aggregate principal amount of 5.800% notes due 2033 (the “2033 notes” and, together with the 2028 notes, the “notes”). The Offering is expected to close on September 13, 2023, subject to the satisfaction or waiver of customary closing conditions. The Company intends to use the net proceeds of the Offering (i) t...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) has completed the acquisition of the ARAG Group and its subsidiaries (“ARAG”). ARAG is a global market and innovation leader in the development, production and supply of precision control systems and smart fluid components for agricultural spraying. The completion of the transaction follows the Company’s June 26, 2023, announcement that it had entered into an agreement to acquire the business. This acquisition will expand Nordson’s core dispense capabilities into the precision agriculture end market. Nordson Corporation is an innovative preci...
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) today reported results for the fiscal third quarter ended July 31, 2023. Sales were $649 million, a 2% decrease compared to the prior year’s third quarter sales of $662 million. The decrease in third quarter 2023 sales includes an organic decrease of 5%, partially offset by a favorable acquisition impact. The organic sales decrease was driven by ongoing pressure in electronics, primarily semiconductor dispense applications, and biopharma end markets, offset by strong growth in medical interventional solutions and polymer proc...
WESTLAKE, Ohio--(BUSINESS WIRE)-- (Nasdaq: NDSN) today announced that its Board of Directors has approved a 5 percent increase in the Company’s quarterly cash dividend to $0.68 per common share from $0.65. The dividend is payable on September 5, 2023, to shareholders of record as of the close of business on August 22, 2023. This increase represents Nordson’s 60th consecutive year of annual dividend increases, ranking it among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases. “Nordson has a long and rich history of profitability ...
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