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Nordson
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.
Nordson
(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
FactSet
and was well below the $2.07 a share recorded a year ago. First-quarter sales rose slightly year over year.
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