earnings
confidence high
sentiment negative
materiality 0.85
Azenta Q2 revenue $145M, GAAP EPS -$3.41; cuts FY2026 guidance, extends long-range plan to 2029
Azenta, Inc.
2026-Q2 EPS reported
-$3.83
revenue$293,437,000
- Organic revenue declined 3% YoY; $149M non-cash goodwill impairment on Multiomics unit.
- FY2026 organic growth guidance cut to -2% to +1% (prev. 3-5%); Adj. EBITDA margin now -125bps to flat.
- Long-range plan extended from 2028 to 2029; B Medical Systems sale delayed due to buyer financing.
- Non-GAAP diluted EPS -$0.04 vs. +$0.01 prior year; cash and securities $565M; no share repurchases yet.