Azenta Plunges on Wider 1Q Loss, Earnings Miss

Dow Jones
Feb 04

By Elias Schisgall

 

Shares of Azenta plunged after the life sciences company widened its loss and missed Wall Street expectations for adjusted earnings in the fiscal first quarter.

Shares fell 22% to $28.70 in Wednesday morning trading. The stock has fallen 45% in the past 12 months.

Azenta posted a loss of $15.4 million, or 34 cents a share, compared with a loss of $11 million, or 25 cents a share, a year earlier.

On an adjusted basis, the company posted earnings of 9 cents a share, behind Wall Street's expectation of 14 cents a share, according to FactSet.

Revenue rose slightly to $148.6 million, up from $147.4 million a year earlier. Analysts polled by FactSet were expecting $147.1 million in revenue. Adjusted for foreign exchange impacts, organic revenue fell 1% year-over-year, the company said.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

February 04, 2026 10:59 ET (15:59 GMT)

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