Nordson (NDSN) Revenue — Quarter Ended Oct 31, 2023
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was notably stronger than the year-over-year gain.
Key takeaway
Quarter ended Oct 31, 2023 · FY2023 Q4
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was notably stronger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$719.3M
Revenue reported for this quarter.
Quarter-over-quarter
+10.9%
Change from the immediately preceding quarter.
Year-over-year
+5.2%
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 |
|---|---|---|
| Jan 31, 2023 | $610.5M | +0.2% |
| Apr 30, 2023 | $650.2M | +2.3% |
| Jul 31, 2023 | $648.7M | -2.0% |
| Oct 31, 2023 | $719.3M | +5.2% |
Revenue performance
The company delivered higher revenue in the current quarter, reflecting a positive trajectory from the prior period. The year-over-year comparison also showed an increase, though at a more moderate pace.
Quarterly comparison
Compared to the preceding quarter, revenue rose at a faster pace. Versus the same quarter last year, the increase was more subdued.
What to watch
Monitor whether the sequential revenue momentum can be sustained in the coming quarters.