WESTLAKE, OH -- Nordson reported fiscal second-quarter net income rose 135% over last year to $32.4 million.

Revenue for the period ended April 30 rose 33% to $251.7 million, topping the analysts' consensus.

Operating margin in the quarter was 23%, the highest level in more than 20 years. 

The firm's Advanced Technology unit saw an 88% jump in sales over the prior year and operating margins were 22%. Adhesive Dispensing Systems grew 17%, with an operating margin of 34%. Parts and consumables remained a larger portion of the overall product mix in the second quarter than is typical, the firm said.  

The company, the parent of EFD, Asytmek, Dage and YesTech among others, guided for third-quarter revenue to jump 29% to 33% to $259 million to $267 million.

In a press release, CEO Michael Hilton said, “While we are very pleased with our current order activity, these rates reflect the rapid return of demand often seen in the recovery period of an economic cycle. Based on our experience in previous cycles, we would expect the pace of orders to moderate to a more sustainable level at some point in the coming quarters. As the year progresses, inventory levels likely will have been replenished to normal levels, fiscal stimulus may begin to slow or end, unemployment probably will remain high, and European sovereign debt issues may persist, all of which could have a dampening economic effect."

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