Nordson Corp (NDSN): Solid Beat and Raise with Growing Backlog - Oppenheimer
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Nordson Corporation Reports Record Second Quarter Revenue, Operating Profit and Diluted Earnings per Share
May 23, 2016 4:30 PM EDTSales increase 9 percent from prior years second quarter to $438 million, inclusive of 8 percent organic growth Operating profit grows to $102 million, a 33 percent increase compared to the prior years second quarter Operating margin expands to 23 percent of sales, a 4 percentage point improvement compared to the prior years second quarter GAAP diluted EPS grows to $1.23, a 54 percent increase compared to the prior years second quarter Free cash flow before dividends in the quarter is $65 million... More
