NDSN Stock Recent News

Nordson (NDSN) announces to acquire Atrion. This will enable it to strengthen its medical offerings and boost its position in the infusion and cardiovascular therapies market.

WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq: NDSN) today announced that it has entered into a definitive agreement to acquire Atrion Corporation (Nasdaq: ATRI), a leader in proprietary medical infusion fluid delivery and niche cardiovascular solutions, for $460.00 per share in cash. This reflects a valuation of 15X Atrion's 2024 full-year estimated EBITDA, inclusive of synergies Nordson expects to generate in the first two years of its ownership. The acquisition expands Nordson.

Nordson Corporation (NASDAQ:NDSN ) Q2 2024 Earnings Conference Call May 21, 2024 8:30 AM ET Company Participants Lara Mahoney - Vice President of Investor Relations and Corporate Communications Sundaram Nagarajan - President and Chief Executive Officer Stephen Shamrock - Chief Accounting Officer Conference Call Participants Michael Halloran - Baird James Heaney - Jefferies Matt Summerville - D.A. Davidson Christopher Glynn - Oppenheimer Christopher Dankert - Loop Capital Markets Walter Liptak - Seaport Research Andrew Buscaglia - BNP Paribas Jeffrey Hammond - KeyBanc Capital Markets Operator Thank you for standing by.

Nordson Corp stock (NASDAQ NASDAQ : NDSN), an industrial company that makes dispensing equipment for consumer and industrial adhesives, sealants, polymers, and coatings, saw its stock plunge nearly 10% on Tuesday, May 21, after the company reported its Q2 fiscal 2024 results (fiscal ends in October). The company reported mixed results, with revenues missing and earnings beating the street estimates.

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Nordson's (NDSN) second-quarter fiscal 2024 revenues increase 0.1% due to strong momentum in the Industrial Precision Solutions and Medical and Fluid Solutions segments.

Nordson (NDSN) shares fell sharply in premarket trading Tuesday morning after the industrial equipment maker trimmed its annual sales and earnings outlook amid weakness in electronics orders and agricultural challenges in Europe.

Although the revenue and EPS for Nordson (NDSN) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Nordson (NDSN) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.26 per share a year ago.