Azenta reports Q3 continuing operations EPS 19c, consensus 14c

Reports Q3 revenue $143.94M, consensus $149.81M. “We’ve made significant changes across the organization and our operational turnaround is progressing as planned. Despite a challenging macro environment, we drove meaningful margin expansion through disciplined cost management and focused execution,” said John Marotta, president and CEO. “With a strong balance sheet and solid cash flow, we’re well positioned to capitalize on future opportunities. We remain on track to meet our full-year goals and are confident that the foundation we are building will support our long-term strategy.”