Double Digit Earnings per Share growth by 17.55 % at the Nordson Corporation during the second quarter of 2023 earnings season

Investors were thrilled to hear that Nordson Corporation (NDSN) had double-digit bottom-line growth in the second quarter of 2023 earnings season, on moderate revenue improvement.
The company reported income growth of 17.55% to $2.21 per share, while revenue grew slightly by 2.323% to $650.17 million from the similar financial reporting period a year prior.


While the revenue growth in Q2 was not as significant as in Q1 where it grew by 6.501% from $610.48 million, the Q2 bottom-line growth of 22.1% from $1.81 per share was impressive in comparison to the prior financial reporting period.


NDSN's bottom-line of $127.563 million in the second quarter of 2023 earnings season increased by 16.35% from net earnings of $109.634 million reported in the second quarter of 2023 earnings season a year ago.
Although the operating margin fell to 26.53% in the second quarter of 2023, the NDSN's net margin actually improved to 19.62%.
Operating earnings fell -6.23% to $172.507 million, squeezing Nordson Corporation's operating margin to 26.53% from 28.95% in the second quarter of 2022.
These financial results reflect the challenges posed by the current economic climate, but overall, NDSN remains a strong and profitable company.

The next financial report is expected on May 26, 2023, and investors are eagerly anticipating the company's future financial performance.
With consistent growth in income and revenue, NDSN is well-positioned for continued success in the months and years to come.

Nordson's Price to Book ratio

Nordson's Income per Employee

Other NDSN's Earnings Reports

Decline in Earnings while revenue rose at the NDSN in the November to January 31 2023 interval

Formidable Revenues rise by 14.073%, at NDSN over the most recent fiscal period

Very balanced rise for in the second quarter of 2022 earnings season