Nordson Corporation (NDSN) Q2 2023 Earnings Call Transcript

Start Time: 08:30 January 1, 0000 9:29 AM ET

Nordson Corporation (NASDAQ:NDSN)

Q2 2023 Earnings Conference Call

May 23, 2023, 08:30 AM ET

Company Participants

Sundaram Nagarajan - President and CEO

Joe Kelley - EVP and CFO

Lara Mahoney - VP, IR and Corporate Communications

Conference Call Participants

Jeff Hammond - KeyBanc Capital Markets

Saree Boroditsky - Jefferies

Chris Dankert - Loop Capital

Matt Summerville - D.A. Davidson

Mike Halloran - Baird

Allison Poliniak - Wells Fargo

Walter Liptak - Seaport

Operator

Good morning, and welcome to Nordson Corporation's Second Quarter Fiscal Year 2023 Results Conference Call. All participants are in a listen-only mode. After the speakers' presentation, we will conduct a question-and-answer session. [Operator Instructions]. As a reminder, this conference call is being recorded.

I would now like to turn the call over to Lara Mahoney, Vice President of Investor Relations and Corporate Communications. Thank you. Please go ahead.

Lara Mahoney

Thank you. Good morning. This is Lara Mahoney, Vice President of Investor Relations and Corporate Communications. I'm here with Sundaram Nagarajan, our President and CEO; and Joseph Kelley, Executive Vice President and CFO.

We welcome you to our conference call today, Tuesday, May 23, to report Nordson's fiscal 2023 second quarter results. You can find both our press release as well as our webcast slide presentation that we will refer to during today's call on our Web site at www.nordson.com/investors. This conference call is being broadcast live on our investor Web site and will be available there for 14 days. There will be a telephone replay of the conference call available until Tuesday, May 30, 2023.

During this conference call, references to non-GAAP financial metrics will be made. A reconciliation of these metrics to the most comparable GAAP metric was provided in the press release issued yesterday.

Before we begin, please refer to Slide 2 of our presentation, where we note that certain statements regarding our future performance that are made during this call may be forward-looking based upon Nordson's current expectations. These statements may involve a number of risks, uncertainties and other factors as discussed in the company's filings with the Securities and Exchange Commission that could cause actual results to differ.

Moving to today's agenda on Slide 3, Naga will discuss second quarter highlights. He will then turn the call over to Joe to review sales and earnings performance for the total company and the three business segments. Joe will also discuss the balance sheet and cash flow. Naga will then share a high-level commentary about our earnings performance. He will conclude with an update on the fiscal 2023 full year and third quarter guidance. We will then be happy to take your questions.