Nordson raised its full-year outlook after fiscal 2026 third-quarter revenue reached a record $818 million and adjusted EPS came to $3.25, exceeding market expectations. The stock responded, with organic growth and an increase in backlog cited as factors behind the results.
Nordson reported adjusted earnings per share (EPS) of $3.25 and revenue of $818 million for the third quarter of fiscal 2026, both exceeding market expectations. In response, the company raised its full-year revenue and adjusted earnings outlook.
Quarterly revenue increased approximately 10% year on year, setting a new record. Adjusted EPS rose approximately 19% year on year, also reaching a new record. Organic revenue growth reached 12%, with revenue increasing in all 3 business segments.
Backlog increased approximately 35% year on year, giving management greater visibility into the demand outlook. In the stock market, the share price rose on the day and was seen approaching the $326 level.
Nordson's upward revision to its full-year fiscal 2026 outlook has drawn investor attention.