) recently announced the launch of its
XM800 Wafer X-ray Metrology Platform
, through its division Nordson DAGE. The device was launched
during the SEMI European 3D TSV Summit in France.
The new device boasts a filament-free, sealed-transmissive
X-ray tube, from Nordson DAGE's existing X-ray systems. The
technology enables the X-ray platform to be used in the
fabrication and packaging of integrated circuits (IC). The
platform will be used to detect the visible as well as hidden
features of the TSVs, 2.5D and 3D IC packages, MEMS and wafer
Nordson has been taking significant measures to reach its goal
of gaining greater market share. In Dec 2013, the company moved
its Taiwan-based Advanced Technology Systems operations to a new
facility, enabling it to enhance sales, applications, service,
engineering and support for its electronics manufacturing
Nordson reported weak year-over-year performance in
fourth-quarter 2013. Sales in the quarter were $411 million, down
6%, whereas earnings per share came in at 92 cents, compared with
$1.04 in the fourth quarter of 2012.
In the first quarter of 2014, the company expects sales in the
range of $362 million to $375 million. Also, earnings per share
are expected in the range of 55 cents to 63 cents. The Zacks
Consensus Estimate for the quarter stands at 61 cents.
Nordson manufactures equipment used for precision material
dispensing, testing and inspection, surface preparation and
curing. With a current market capitalization of $4.7 billion, the
company has a Zacks Rank #3 (Hold). Some better-ranked stocks in
the industry include
The Middleby Corporation
Altra Industrial Motion Corp.
Barnes Group Inc.
). While Middleby Corporation boasts a Zacks Rank #1 (Strong
Buy), Altra Industrial Motion and Barnes Group hold a Zacks Rank
ALTRA HOLDINGS (AIMC): Free Stock Analysis
BARNES GRP (B): Free Stock Analysis Report
MIDDLEBY CORP (MIDD): Free Stock Analysis
NORDSON CORP (NDSN): Free Stock Analysis
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