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WESTLAKE, Ohio - Nordson (NASDAQ:NDSN) Corporation (NASDAQ:NDSN) reported better-than-expected fourth quarter results Wednesday but saw its shares plunge 7.82% after issuing disappointing guidance for the first quarter of fiscal 2025.
The precision technology company posted adjusted earnings of $2.78 per share for Q4, surpassing analyst estimates of $2.59. Revenue came in at $744 million, up 3.5% YoY and above the consensus forecast of $736.83 million.
However, Nordson's outlook for Q1 fell short of expectations. The company projects Q1 EPS of $1.95-$2.15, below the $2.26 analyst consensus. Q1 revenue is forecast at $615-655 million, also missing estimates of $681.9 million.
For the full fiscal year 2025, Nordson expects EPS of $9.70-$10.50 on revenue of $2.75-2.87 billion. While the full-year outlook topped analyst projections, the weak Q1 guidance overshadowed the Q4 beat and FY2025 forecast.
"Considering the evolving global macro-environment, we are entering 2025 with a conservative viewpoint," said CEO Sundaram Nagarajan. He noted Q1 is seasonally Nordson's weakest quarter due to holiday slowdowns and cautious customer spending.
Nordson's Q4 sales growth was driven by a 6% boost from acquisitions and 1% favorable currency impact, offsetting a 3% organic sales decline. The company's EBITDA rose 4% to $241 million, or 32% of sales.
Despite the market's negative reaction, Nagarajan expressed confidence in Nordson's long-term growth drivers and the company's ability to deliver strong cash flow even in uncertain times.
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