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Aug 20 (Reuters) – Nordson Corp, which makes
dispensing machines used in manufacturing of consumer goods,
reported a higher third-quarter profit and forecast
fourth-quarter revenue above analysts’ expectations.
The company forecast revenue of between $408 million and
$422 million in the current quarter.
Analysts on average were expecting revenue of $391.6
million, according to Thomson Reuters I/B/E/S.
Net income rose to $66.7 million, or $1.03 per share, from
$56.6 million, or 82 cents per share, a year earlier.
Excluding items, Nordson earned $1.06 per share.
Revenue rose about 22 percent to $379.9 million.
