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WESTLAKE, Ohio (AP) _ Nordson Corp. (NDSN) on Monday reported fiscal first-quarter net income of $77.6 million.
The Westlake, Ohio-based company said it had net income of $1.32 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The maker of adhesives and industrial coatings posted revenue of $526.6 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $508.7 million.
Nordson expects full-year earnings to be $6.30 to $6.70 per share.
Nordson shares have decreased 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $184.38, a rise of 7% in the last 12 months.