Nordson Reports Q4 Revenue of $744M and EPS of $2.78; Ciena's Revenue Hits $1.12B but EPS Misses at $0.54

Nordson Corporation reported its fourth-quarter fiscal year 2024 results, revealing a revenue of $744 million and an adjusted earnings per share (EPS) of $2.78. The company experienced a post-market decline of 4.63%, with shares priced at $237.99. Notably, Nordson achieved record annual sales of $2.7 billion and made progress on the integration of its Atrion Medical acquisition. Meanwhile, Ciena Corporation announced its fourth-quarter results, posting revenue of $1.12 billion, slightly above estimates of $1.1 billion, but fell short of expectations for non-GAAP EPS, reporting $0.54 against an estimate of $0.65. Ciena's stock dropped 4.5% in pre-market trading, with shares at $69.92. The company reported a net income of $37.03 million under GAAP and $79.28 million on an adjusted basis. Ciena's performance was bolstered by a 4.22% year-over-year increase in its Optical Networking segment, although this was offset by a significant decline of 38.41% in Routing & Switching.