earnings
confidence high
sentiment positive
materiality 0.90
Azenta Q2 rev $146M (+12% YoY); Semi Automation sale closes, total diluted EPS $28.15
Azenta, Inc.
2022-Q2 EPS reported
$28.79
revenue$285,196,000
- Revenue from continuing ops $146M, up 12% YoY; Life Sciences Services rev $92M (+19%), Products $54M (+2%).
- GAAP diluted EPS from continuing ops ($0.02); total diluted EPS $28.15 includes $28.18 from discontinued ops (sale gain).
- Completed sale of Semiconductor Automation for $3.0B cash; net proceeds ~$2.5B after taxes; used $50M to repay all debt.
- Cash, equivalents, restricted cash and marketable securities $3.0B; pending taxes ~$450M due next quarter.
- Q3 guidance: rev $140-150M; non-GAAP diluted EPS $0.09-$0.17; GAAP diluted EPS ($0.03)-$0.05.