stock fell hard on Tuesday after the company, a maker of specialized equipment, issued a disappointing forecast for revenue, citing an uneven backlog of work and a downturn in orders.
(ticker: NDSN) posted adjusted earnings of $1.95 a share for its first quarter, the three months through January. That was two cents a share less than what analysts tracked by
and was well below the $2.07 a share recorded a year ago. First-quarter sales rose slightly year over year.