Azenta down on lower-than-estimated Q2 guidance

Azenta

09/02/2023 17:42

** Shares of Azenta Inc  AZTA.O  slide 15.2% at $47.73 -
biggest one-day pct loss in 6 months
    ** AZTA sees Q2 revenue to be in the range of $156 million
to $171 million lower-than analysts' estimates $173.7 million -
Refinitiv data  urn:newsml:reuters.com:*:nPn6M2NMLa
    ** ** Co Q2 adj. profit is expected to be in range of loss
of $0.04/shr to profit of $0.04/shr, missing analysts' estimates
of $0.07/shr - Refinitiv data
    ** AZTA was down ~44% last year 
 (Reporting by Khushi Mandowara in Bengaluru)
 ((Khushi.Mandowara@thomsonreuters.com;))