Nordson Corp. (NASDAQ: NDSN) reported Q1 EPS of $0.69, $0.02 better than the analyst estimate of $0.67. Revenue for the quarter came in at $379 million versus the consensus estimate of $386.14 million.

Nordson Corp. sees Q2 2015 EPS of $0.80-$0.90, versus the consensus of $1.03. For the second quarter of fiscal year 2015, sales are expected to be in the range of down 5 percent to down 1 percent compared to the second quarter a year ago

“Nordson’s global team delivered excellent first quarter results highlighted by 8 percent organic sales volume growth over the same period a year ago,” said Nordson President and Chief Executive Officer Michael F. Hilton. “This organic growth included the majority of our product lines and geographies. Operating margin in the quarter improved by 2 percentage points compared to the prior year, and diluted EPS grew by 28 percent over the prior year, more than five times the rate of the strong top line growth we generated. Currency exchange rates negatively impacted Nordson in the quarter, as revenue and earnings per share would have been $18 million and $0.08 higher, respectively, on a year-over-year basis in constant currency, and operating margin for the quarter would have been a percentage point higher than reported. We continued our balanced approach to capital deployment in the quarter by distributing approximately $14 million in dividends and investing approximately $71 million for the repurchase of shares. Throughout the quarter, we continued to focus on delivering the best customer experience in the industries we serve and driving continuous improvement throughout the organization via the Nordson Business System.”

For earnings history and earnings-related data on Nordson Corp. (NDSN) click here.