Key Developments For Nordson Corporation
Nordson Corporation (NDSN.O) (Nasdaq)
Nordson Corporation Launches Trilogy Electrostatic Spray Gun System
Nordson Corporation announced that it has launched the Trilogy Electrostatic Spray Gun System, the latest in its line of products for liquid painting.
Nordson Corporation Issues Q4 2009 Guidance; Revenue Guidance In Line With Analysts' Estimates; Issues FY 2009 Guidance; Revenue Guidance Below Analysts' Estimates
Nordson Corporation announced that fourth quarter of 2009, it expects sales to be in the range of $224-$235 million, diluted earnings per share (EPS) to be in the range of $0.75-$0.87, inclusive of a $0.04 per share charge associated with restructuring activities. For fiscal 2009, it expects sales to be in the range of $806-$817 million, with diluted earnings per share ranging between $2.21 and $2.33. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $225 million for fourth quarter of 2009 and revenue of $824 million for fiscal 2009.
Nordson Corporation Increases Dividend for Fourth Quarter of Fiscal Year 2009
Nordson Corporation announced that its board of directors has approved an increase in the Company's quarterly cash dividend to $.19 per common share from $0.1825, an increase of 4.1 percent. The dividend is payable on September 15, 2009 to shareholders of record on September 1, 2009.
Nordson Corporation's Sells Spectrum S-910N Dispensing System To DancoTech
Asymtek, a Nordson Corporation company announced that it has sold a Spectrum S-910N dispensing system to DancoTech, located in Ballerup, Denmark.
Nordson Corporation Issues Mixed Q3 2009 Outlook
Nordson Corporation announced that for the third quarter of 2009, it expects sales to be in the range of $192 to $202 million, diluted earnings per share (EPS) to be in the range of $0.39 to $0.50, inclusive of a $0.03 per share charge associated with restructuring activities. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.37 on revenue of $206 million for the same period.
