Nordson Corp. (NDSN) Thursday reported that its second-quarter net income was $54.6 million or $0.84 per share, compared to $52.1 million or $0.80 per share in the same quarter last year.
On an adjusted basis, earnings per share for the quarter were $0.84, same as last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.84 per share. Analysts' estimates typically exclude special items.
Net sales for the quarter rose 21 percent to $382.10 million from $315.19 million in the prior year quarter, while eight analysts had consensus revenue estimate of $382.56 million for the quarter.
For the third quarter of fiscal 2013, the company expects GAAP earnings per share to be in the range of $1.00 to $1.09 and sales in the range of $404 million and $419 million. Analysts expect the company to report earnings of $1.15 per share on revenues of $428.66 million for the third-quarter.
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