Enzo Biochem(ENZ)

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Enzo Biochem(ENZ) - 2022 Q4 - Annual Report
2022-10-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number 001-09974 ENZO BIOCHEM, INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | |-------- ...
Enzo Biochem(ENZ) - 2022 Q3 - Earnings Call Transcript
2022-06-10 14:17
Financial Data and Key Metrics Changes - Total revenue for Q3 2022 was $26.2 million, a decrease of 20% from $32.8 million in Q3 2021, attributed to declining COVID-19 testing volumes and economic shutdowns in Asia [29][30] - Enzo Clinical Lab Service revenue was $18.6 million, down 26% from $25 million in the same quarter last year, although routine testing revenue increased by 10% [30] - Enzo Life Sciences revenue was $7.6 million, slightly down year-over-year but up 9% year-to-date, indicating stability in the customer base [32] Business Line Data and Key Metrics Changes - Enzo Clinical Lab's non-COVID revenue increased by 3% year-over-year, demonstrating recovery in core testing [30] - The company added 43 new tests in Q3, totaling 126 new tests year-to-date, focusing on specialty testing [31] - Enzo Life Sciences faced challenges due to economic shutdowns in Asia and supply chain issues in Europe, but anticipates overall annual growth of 10% for fiscal year 2022 [32] Market Data and Key Metrics Changes - The blended gross margin for the quarter declined to 39% from 49% year-over-year, impacted by both Enzo Clinical Lab and Enzo Life Sciences [33] - Enzo Clinical Lab's margin decreased from 49% to 40% due to reduced higher-margin COVID tests, while Life Sciences gross margin fell to 36% due to increased manufacturing costs [33][34] Company Strategy and Development Direction - The company is focused on a corporate structure that supports three separate businesses: Enzo Life Sciences, Enzo Clinical Labs, and Enzo Diagnostics, which allows for synergies and tailored solutions [12][11] - Enzo is committed to investing in technology and strategic partnerships to accelerate growth in core life sciences and clinical lab businesses [19] - The company is preparing to launch new diagnostic platforms and has received approvals for several molecular tests, indicating a strong focus on expanding its diagnostic capabilities [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strategic vision and ability to execute on growth initiatives, particularly in Life Sciences and Diagnostic platforms [40][28] - The company is exploring strategic alternatives with the help of Jefferies LLC, indicating a proactive approach to enhancing shareholder value [39][28] Other Important Information - Cash and cash equivalents totaled $32.1 million as of April 30, 2022, down from $44.3 million at the end of fiscal year 2021, due to various strategic initiatives [37] - The company maintains a goal of achieving an additional $10 million in cost savings, with $5 million targeted for calendar year 2022 [38] Q&A Session Summary Question: Clarification on the Jefferies process and its differences from the prior process - Management indicated that they are not making public comments on the specifics but are picking up where they left off in the previous process [42]
Enzo Biochem(ENZ) - 2022 Q3 - Quarterly Report
2022-06-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Mark one ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission File Number 001-09974 ENZO BIOCHEM, INC. | --- | --- | |-------------------------------------------------- ...
Enzo Biochem(ENZ) - 2022 Q2 - Earnings Call Transcript
2022-03-15 02:30
Enzo Biochem, Inc. (NYSE:ENZ) Q2 2022 Earnings Conference Call March 14, 2022 4:30 PM ET Company Participants David Holmes - Investor Relations Hamid Erfanian - Chief Executive Officer David Bench - Chief Financial Officer Conference Call Participants Paul Nouri - Noble Equity Fund Christian Schwab - Craig Hallum Kenan Lucas - Harbert Management Corporation Dan Weston - WestCap Management Operator Greetings. And welcome to the Enzo Biochem Second Quarter 2022 Financial Results and Business Update Conferenc ...
Enzo Biochem(ENZ) - 2022 Q2 - Quarterly Report
2022-03-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Mark one ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission File Number 001-09974 ENZO BIOCHEM, INC. | --- | --- | |------------------------------------------------ ...
Enzo Biochem(ENZ) - 2022 Q1 - Earnings Call Transcript
2021-12-16 00:09
Enzo Biochem, Inc. (NYSE:ENZ) Q1 2022 Results Conference Call December 15, 2021 4:30 PM ET Company Participants David Holmes - LifeSci Advisors IR Hamid Erfanian - CEO David Bench - CFO Conference Call Participants Paul Nouri - Noble Equity Fund Operator Greetings. Welcome to the Enzo Biochem First Quarter 2022 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructi ...
Enzo Biochem(ENZ) - 2022 Q1 - Quarterly Report
2021-12-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Mark one ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission File Number 001-09974 ENZO BIOCHEM, INC. | --- | --- | |------------------------------------------------ ...
Enzo Biochem(ENZ) - 2021 Q4 - Earnings Call Transcript
2021-10-12 16:28
Enzo Biochem, Inc. (NYSE:ENZ) Q4 2021 Results Earnings Conference Call October 12, 2021 8:30 AM ET Company Participants Bob Yedid - LifeSci Advisors, LLC Barry Weiner - Co-Founder and President David Bench - Chief Financial Officer Conference Call Participants Paul Nouri - Noble Equity Fund Operator Greetings. And welcome to the Enzo Biochem Fourth Quarter and Full Year 2021 Financial Results and Business Update. At this all participants are in a listen-only mode. A question and answer session will follow t ...
Enzo Biochem(ENZ) - 2021 Q4 - Annual Report
2021-10-11 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number 001-09974 ENZO BIOCHEM, INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | |-------- ...
Enzo Biochem(ENZ) - 2021 Q3 - Quarterly Report
2021-06-10 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Mark one ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number 001-09974 ENZO BIOCHEM, INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | |- ...