Oppenheimer Downgrades Nordson (NDSN) to Perform

Nordson Corporation Reports Fiscal 2016 Third Quarter Results with Record Revenue, Operating Profit and Diluted Earnings per Share

Sales increase 6 percent from prior years third quarter to $490 million, inclusive of 4 percent organic growth Operating profit grows to $124 million, a 20 percent increase compared to the prior years third quarter Operating margin expands to 25 percent of sales, a 3 percentage point improvement compared to the prior years third quarter GAAP diluted EPS grows to $1.46, a 28 percent increase compared to the prior years third quarter Pro-forma 12 week order rates increase 16 percent over same period a year... More