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Azenta Authorizes $250 Million Share Repurchase Program
Prnewswire· 2025-12-10 17:43
BURLINGTON, Mass., Dec. 10, 2025 /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced that its Board of Directors has approved a share repurchase program under which the company may repurchase up to $250 million of its outstanding common stock. The Repurchase Program is intended to enhance shareholder value and capitalize on undervaluation. Repurchases may be made from time to time through open market repurchases, privately negotiated transactions, or by other methods compliant with Rules 10b-18 and ...
Azenta Announces Fiscal 2025 Fourth Quarter and Full Year Conference Call and Webcast
Prnewswire· 2025-11-12 21:05
Core Viewpoint - Azenta, Inc. will announce its fiscal fourth quarter and full year 2025 earnings on November 21, 2025, before market opens [1]. Financial Results Announcement - The company will host a conference call and live webcast to discuss its financial results on the same day at 8:30 a.m. Eastern Time, accessible via the Azenta website [2]. - A replay of the conference call will be available starting at 8:30 a.m. ET on November 22, 2025 [2]. Company Overview - Azenta, Inc. is a leading provider of life sciences solutions, facilitating breakthroughs and therapies to market faster [3]. - The company offers a comprehensive suite of cold-chain sample management solutions and multiomics services, serving top pharmaceutical, biotech, academic, and healthcare institutions globally [3]. - Azenta operates under several industry-leading brands, including GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, and Barkey [3]. Operational Footprint - Azenta is headquartered in Burlington, MA, with operations across North America, Europe, and Asia [4]. Upcoming Events - The company will host an Investor Day at its biorepository facility in Indianapolis, Indiana, on December 10, 2025 [5].
Azenta Life Sciences Partners with PRECEDE Foundation to Advance Early Detection of Pancreatic Cancer
Prnewswire· 2025-11-04 21:05
Core Insights - Azenta, Inc. has formed a strategic partnership with the PRECEDE Foundation to enhance early detection and prevention of pancreatic cancer [1][4] - The partnership aims to improve the five-year survival rate of pancreatic cancer from 13% to 50% within the next decade [3] Company Overview - Azenta, Inc. is a leading provider of life sciences solutions, offering cold-chain sample management and multiomics services to pharmaceutical, biotech, academic, and healthcare institutions globally [8] - The company operates in North America, Europe, and Asia, with its headquarters in Burlington, Massachusetts [9] Industry Context - Pancreatic cancer is the third-leading cause of cancer-related deaths in the U.S., with over 66,500 diagnoses annually and a five-year survival rate of only 13% [2] - The PRECEDE Consortium, which includes over 60 academic medical centers, focuses on improving screening and risk modeling for individuals at hereditary risk of pancreatic cancer [3][6] Partnership Details - Azenta will provide secure storage for study samples in its biorepository, allowing PRECEDE researchers to concentrate on advancing diagnostics and patient survival [1][4] - The collaboration emphasizes Azenta's role in supporting high-impact life science research and enhancing the capabilities of biorepositories [4]
Azenta Reports Third Quarter Results for Fiscal 2025, Ended June 30, 2025; Reiterates Full Year Fiscal 2025 Guidance
Prnewswire· 2025-08-05 10:30
Core Viewpoint - Azenta, Inc. reported its financial results for the third quarter of fiscal 2025, showing a flat revenue year-over-year and a significant net loss due to discontinued operations and impairment charges. Financial Performance - Revenue from continuing operations was $144 million, unchanged from the previous year, with organic revenue declining by 2% year-over-year [3][8] - Sample Management Solutions revenue was $78 million, down 4% year-over-year, while Multiomics revenue increased to $66 million, up 4% year-over-year [3][8] - Diluted EPS from continuing operations was $0.01 compared to ($0.00) in the same quarter of the previous year, while total diluted EPS was ($1.15), a decrease of 30% from ($0.12) [3][8] - Adjusted EBITDA for continuing operations was $18 million, with an adjusted EBITDA margin of 12.3%, reflecting a 260 basis point improvement year-over-year [3][14] Management Commentary - The President and CEO, John Marotta, stated that significant organizational changes are underway, and the operational turnaround is progressing as planned, with a focus on cost management and execution [4][8] Cash and Liquidity - As of June 30, 2025, the company had a total balance of cash, cash equivalents, restricted cash, and marketable securities amounting to $565 million [14] - Operating cash flow for the quarter was $26 million, with capital expenditures of $11 million, resulting in free cash flow of $15 million [14] Guidance - Azenta reiterated its guidance for fiscal year 2025, expecting total organic revenue growth in the range of 3% to 5% relative to fiscal 2024 and an adjusted EBITDA margin expansion of approximately 300 basis points [14][8]
Azenta to Participate in 10th Annual Needham Virtual MedTech & Diagnostics 1x1 Conference
Prnewswire· 2025-07-30 20:05
Company Overview - Azenta, Inc. is a leading provider of life sciences solutions globally, facilitating the faster market introduction of impactful breakthroughs and therapies [2] - The company offers a comprehensive suite of reliable cold-chain sample management solutions and multiomics services, catering to drug development, clinical research, and advanced cell therapies [2] - Azenta operates under several industry-leading brands, including GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, and Barkey [2] Conference Participation - Company management will participate in the 10th Annual Needham Virtual MedTech & Diagnostics 1x1 Conference on August 12, 2025 [1]
Azenta Announces Fiscal 2025 Third Quarter Earnings Conference Call and Webcast
Prnewswire· 2025-07-23 20:05
Company Overview - Azenta, Inc. (Nasdaq: AZTA) is a leading provider of life sciences solutions globally, facilitating faster market access for impactful breakthroughs and therapies [3] - The company offers a comprehensive range of reliable cold-chain sample management solutions and multiomics services, focusing on drug development, clinical research, and advanced cell therapies [3] - Azenta operates under several industry-leading brands, including GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, and Barkey [3] Upcoming Financial Announcement - Azenta will announce its fiscal third quarter 2025 earnings on August 5, 2025, before the market opens [1] - A conference call and live webcast to discuss the financial results will take place on the same day at 8:30 a.m. Eastern Time [2] - Analysts, investors, and media can access the live webcast through the Azenta website, with a replay available starting August 6, 2025, at 8:30 a.m. ET [2] Company Operations - Azenta is headquartered in Burlington, MA, and has operations across North America, Europe, and Asia [4]