Nordson (NDSN) Revenue — Quarter Ended Jan 31, 2023
Revenue for the quarter was essentially flat compared to the same quarter last year. However, it declined from the immediately preceding quarter.
Key takeaway
Quarter ended Jan 31, 2023 · FY2023 Q1
Revenue for the quarter was essentially flat compared to the same quarter last year. However, it declined from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$610.5M
Revenue reported for this quarter.
Quarter-over-quarter
-10.7%
Change from the immediately preceding quarter.
Year-over-year
+0.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $635.4M | +7.8% |
| Jul 31, 2022 | $662.1M | +2.4% |
| Oct 31, 2022 | $683.6M | +14.1% |
| Jan 31, 2023 | $610.5M | +0.2% |
Revenue performance
The reported revenue decreased from the prior quarter, reversing the growth trend seen in the previous three quarters.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was nearly unchanged. Relative to the immediately preceding quarter, revenue was lower.
What to watch
The filing context notes cash used for an acquisition and changes in operating assets and liabilities, but no causal link to revenue is provided.