Nordson (NDSN) Revenue — Quarter Ended Jul 31, 2023
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The year-over-year decline was larger than the sequential decline.
Key takeaway
Quarter ended Jul 31, 2023 · FY2023 Q3
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The year-over-year decline was larger than the sequential decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$648.7M
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
-2.0%
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 |
|---|---|---|
| Oct 31, 2022 | $683.6M | +14.1% |
| Jan 31, 2023 | $610.5M | +0.2% |
| Apr 30, 2023 | $650.2M | +2.3% |
| Jul 31, 2023 | $648.7M | -2.0% |
Revenue performance
The reported revenue was slightly lower than the prior quarter, continuing a pattern of modest sequential variation. The year-over-year comparison showed a more noticeable decrease.
Quarterly comparison
Sequentially, revenue decreased marginally from the preceding quarter. On a year-over-year basis, the decline was more pronounced relative to the same period last year.
What to watch
The sequential revenue trend will be a key factor to observe in the next reporting period.