![]() 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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