earnings
confidence high
sentiment neutral
materiality 0.75
Azenta Q3 revenue $133M (+3% YoY); GAAP EPS -$0.09, non-GAAP $0.12
Azenta, Inc.
2022-Q3 EPS reported
$28.76
revenue$417,931,000
- Revenue $133M (+3% YoY); organic growth 6% despite FX headwind; Services up 6%, Products down 3%.
- GAAP diluted EPS from continuing ops -$0.09; non-GAAP diluted EPS $0.12, flat sequentially.
- Adjusted EBITDA $14M (10.4% margin), down 290 bps sequentially.
- Completed Barkey acquisition for ~€80M; agreed to acquire B Medical for ~€410M, expected close Oct 2022.
- Q4 FY22 guidance: revenue $131-141M, non-GAAP diluted EPS $0.04-$0.12.