Shares of industrial machinery maker $Nordson (NDSN.US)$ were trading more than 8% lower just after 12.05 pm ET on Thursday, the lowest since Jul. 11.
The company projected FY25 revenue below analysts' expectations on Wednesday, citing a sluggish recovery in the electronics and agriculture markets.
It anticipates FY25 revenue of $2.75-$2.87 billion, compared to the consensus estimate of $2.93 billion, according to LSEG data.
The company also forecasts FY25 adjusted EPS between $9.70 and $10.50, slightly below the estimate of $10.41.
Nordson CEO Sundaram Nagarajan said on Wednesday that the company is entering 2025 with a conservative viewpoint, given the evolving global macro-environment.
However, Q4 results beat expectations, helped by favorable impact from acquisitions and currency translation.
Up to Wednesday's close, the stock has fallen 5.5% YTD.