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"Looking ahead to the fourth quarter, our guidance reflects our current backlog, where organic volume is driven primarily by strength in adhesive and medical product lines, offset primarily by lower demand for Advanced Technology dispense product lines serving electronics end markets and automotive cold materials product lines," said CEO Hilton. "At the midpoint of our guidance, we expect to generate total company organic sales growth of 2 percent on a full year basis for fiscal 2018. On top of 8 percent organic growth in fiscal 2017 and 7 percent organic growth in fiscal 2016, delivering organic growth again this year highlights the attractiveness of the end markets we serve and our ability to continue to meet our customers' expectations. We remain focused on delivering value to our shareholders, driving bottom line results through continuous improvement initiatives utilizing the Nordson Business System, and providing superior customer service."

For the fourth quarter of fiscal 2018, sales are expected to be in the range of flat to down 4 percent compared to the fourth quarter a year ago. This outlook includes a range for organic volume to be up 1 percent to down 3 percent, 1 percent growth from the first year effect of acquisitions, and an unfavorable currency translation effect of 2 percent based on the current exchange rate environment as compared to the prior year. At the midpoint of this outlook, operating margin is expected to be approximately 22 percent. GAAP diluted earnings per share are expected to be in the range of $1.38 to $1.54, with an estimated effective tax rate of approximately 25 percent. At the midpoint of the guidance, EBITDA and EBITDA margin are expected to be $149 million and 26 percent, respectively. Q4 revenue consensus $588.38M.

Reports Q3 revenue $581M, consensus $590.73M.