Azenta

Azenta, Inc. is a provider of life sciences sample exploration and management solutions for the life sciences market. It operates through the Life Sciences Products and Life Sciences Services segments. The Life Sciences Products segment is involved in automated cold storage solutions for biological and chemical compound samples. The Life Sciences Services segment focuses on the solutions addressing the many needs of customers in the area of genomic analysis and the management and care of biological samples used in pharmaceutical, biotech, healthcare, clinical, and academic research, and development markets. The company was founded in 1978 and is headquartered in Burlington, MA.

Earnings data Q3 2020

Earnings data Q4 2020

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

AZTA reports mixed Q2 results, focuses on genomics and SRS momentum

AZTA's Q1 2023 earnings call highlighted a mixed Q2 performance, with a strong services business but challenges in the product side, particularly in B Medical. The company is realigning for accelerated growth, focusing on genomics and SRS momentum, and taking actions to reinforce growth and profitability.

AZTA reports solid Q2 earnings and eyes growth in China

AZTA's Q2 2023 earnings call highlighted a return to growth, strong performance in the services segment, and challenges in the products business. The company is optimistic about future growth opportunities, particularly in China.

AZTA reports robust Q4 results and optimistic guidance for 2024

AZTA reported strong Q4 results and provided optimistic guidance for fiscal year 2024, with a focus on organic revenue growth, margin expansion, and EPS improvement. The company's Products business and B Medical segment showed resilience, while challenges in the Cell and Gene Therapy business and warranty reserves were noted. Overall, AZTA is poised for growth and efficiency improvements in the coming year.

Azenta reports Q1 revenue decline but sees growth opportunities in DRC and AstraZeneca partnership

Despite a decline in overall revenue, Azenta's SMS and Multi-Omics segments showed organic growth, while B Medical segment faced challenges. The company is maintaining its full-year guidance and is optimistic about opportunities in the DRC and through its partnership with AstraZeneca. However, concerns were raised about B Medical's performance and market challenges in the NGS segment.

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BURLINGTON, Mass., May 1, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) will announce fiscal second quarter 2024 earnings which ended on March 31, 2024, on Wednesday, May 8, 2024, after the market closes.

Azenta Announces Fiscal 2024 Second Quarter Earnings Conference Call and Webcast

BURLINGTON, Mass. , April 1, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced the publication of its annual Environmental, Social, & Governance ("ESG") report, highlighting the Company's ongoing commitment to advancing its strategy and actions aligned with key ESG priorities.

Azenta Publishes its 2023 Environmental, Social, & Governance (ESG) Report

BURLINGTON, Mass. , April 1, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that Company management will participate in the 23rd Annual Needham Virtual Healthcare Conference, on Monday, April 8, 2024, which includes a presentation beginning at 12:45 pm ET.

Azenta to Participate in the 23rd Annual Needham Virtual Healthcare Conference

BURLINGTON, Mass. , March 12, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that Company management will participate in Virtual KeyBanc Life Sciences & MedTech Investor Forum on Tuesday, March 19, 2024, which includes a presentation beginning at 12:45 pm ET.

Azenta to Participate in the Virtual KeyBanc Life Sciences & MedTech Investor Forum

Azenta, Inc. (AZTA) Q1 2024 Earnings Call Transcript

BURLINGTON, Mass. , Feb. 7, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today reported financial results for the first quarter ended December 31, 2023.

Azenta Reports First Quarter Results for Fiscal 2024, Ended December 31, 2023

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BURLINGTON, Mass. , Feb. 2, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced the launch of the BioArc™ Ultra (the "Ultra"), a breakthrough, automated solution for high-density, eco-friendly ultracold sample management, designed to provide a new level of performance for large-scale sample management with the potential to forever change the landscape of biorepositories.

Azenta Launches the BioArc™ Ultra, a Breakthrough, Automated Solution for Efficient, Eco-Friendly Ultracold Sample Management

BURLINGTON, Mass. , Jan. 25, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) will announce fiscal first quarter 2024 earnings which ended on December 31, 2023, on Wednesday, February 7, 2024, after the market closes.

Azenta Announces Fiscal 2024 First Quarter Earnings Conference Call and Webcast

BURLINGTON, Mass. , Jan. 11, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that it will host an Investor Day on Thursday, March 14, 2024 in New York City.

Azenta to Host Investor Day on March 14, 2024

BURLINGTON, Mass. , Jan. 9, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that Company management will participate in the 26th Annual Needham Growth Conference in New York, NY, on Thursday, January 18, 2024, which includes a presentation beginning at 10:15 am ET.

Azenta to Participate in the 26th Annual Needham Growth Conference

BURLINGTON, Mass. , Jan. 3, 2024 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that Company management will present at the 42nd Annual J.P.

Azenta to Participate in the 42nd Annual J.P. Morgan Healthcare Conference

BURLINGTON, Mass. , Nov. 21, 2023 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that Company management will participate in 1x1 meetings at the 6th Annual Evercore ISI HealthCONx Conference in Miami, FL, on Wednesday, November 29, 2023.

Azenta to Participate in the 6th Annual Evercore ISI HealthCONx Conference

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Azenta, Inc. (NASDAQ:AZTA ) Q4 2023 Earnings Conference Call November 13, 2023 4:30 PM ET Company Participants Sara Silverman - Head of IR Steve Schwartz - President and CEO Herman Cueto - CFO Conference Call Participants David Saxon - Needham Jacob Johnson - Stephens Andrew Cooper - Raymond James Paul Knight - KeyBanc Vijay Kumar - Evercore ISI Yuan Zhi - B. Riley Operator Thank you, and welcome to the Azenta Q4 2023 Financial Results.

Azenta, Inc. (AZTA) Q4 2023 Earnings Call Transcript

Shares of Azenta Inc. AZTA, +0.59% jumped 11.9% after hours on Monday after the life-sciences company reported fourth-quarter results that beat expectations and announced plans to buy back an extra $500 million in stock in fiscal 2024. The company — whose products and services help researchers store, handle and process chemical and biological samples — reported net income of $3.4 million, or 6 cents a share, compared with a loss of $20.8 million, or 28 cents a share, in the same quarter last year.

Azenta shares jump on Q4 results, buyback plans

Q4'23 reported revenue growth of 25% year over year and 2% on an organic basis FY'23 reported revenue growth of 20% and down 1% on an organic basis Q4'23 generated positive free cash flow for the second consecutive quarter Fiscal 2024 organic revenue growth expected to be 5-8% Committing to an additional $500 million in share repurchases in Fiscal 2024 BURLINGTON, Mass. , Nov. 13, 2023 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today reported financial results for the fourth quarter and fiscal year ended September 30, 2023.

Azenta Reports Fourth Quarter and Full Year Fiscal 2023 Results, Ended September 30, 2023

Nominates Didier Hirsch and Martin Madaus for election to the Board of Directors Upon the election of Messrs. Hirsch and Madaus, seven of the Board of Directors' ten members will have been added since 2018 Separately, Azenta today announced strong 2023 fourth quarter and full year fiscal 2023 earnings results, with commitment to additional $500 million in share repurchases in Fiscal 2024  BURLINGTON, Mass.

Azenta Announces Actions to Support Ongoing Strategic and Governance Transformation

BURLINGTON, Mass. , Nov. 13, 2023 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that B Medical Systems S.

Azenta Announces Agreement Between B Medical and The Ministry of Public Health, Hygiene and Prevention of the Democratic Republic of the Congo for a Significant National Universal Health Project

BURLINGTON, Mass., Nov. 10, 2023 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that Company management will participate in the Stephens Annual Investment Conference in Nashville, Tennessee, on Wednesday, November 15, 2023, and Thursday, November 16, 2023.

Azenta to Participate in the Stephens Annual Investment Conference

Azenta, Inc., formerly Brooks Automation, sold its semiconductor business and subsequently became a pure play life science business. Azenta's shares have declined significantly and its valuation is still supported by net cash holdings. However, Azenta is not profitable, making it difficult to be optimistic about its shares.

Azenta: Life Science Play Suffers A Bad Diagnosis

BURLINGTON, Mass. , Nov. 8, 2023 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) will announce fiscal fourth quarter and full year 2023 earnings which ended on September 30, 2023 on Monday, November 13, 2023 after the market closes.

Azenta Announces Fiscal 2023 Fourth Quarter and Full Year Earnings Conference Call and Webcast

BURLINGTON, Mass. , Oct. 19, 2023 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that GENEWIZ Multiomics and Synthesis Solutions from Azenta Life Sciences will be hosting GENEWIZ Week November 6-10, 2023.

Azenta to Host GENEWIZ Week November 6-10, 2023

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Having activist investors at a company can lead to big changes. Azenta is dealing with an activist's call for better performance as it puts a giant cash hoard to work.

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Azenta is sitting on a pile of cash, and shareholders will want to know the company's plans for the money.

News for Azenta Stock (AZTA)