Adjusted EBITDA Margin Expansion
Adjusted EBITDA margin expanded by 260 basis points year-over-year, with a commitment to a full-year expansion of 300 basis points.
Strong Financial Position
Azenta holds $550 million in cash, with no outstanding debt and meaningful free cash flow generation.
Growth in Next-Gen Sequencing
Next-generation sequencing showed sustained double-digit volume growth, contributing to the overall revenue performance.
Positive Performance in China
Despite geopolitical headwinds, Azenta experienced 10% organic growth in China during the quarter.
Reaffirmed Guidance
Azenta reaffirmed its full-year 2025 guidance of 3% to 5% organic revenue growth and adjusted EBITDA margin expansion of 300 basis points.