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Azenta, Inc.

Company Name Azenta, Inc.
Stock Symbol AZTA

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Background

On May 5, 2026, Azenta released its second quarter 2026 financial results, missing consensus estimates in EPS and revenue due to “execution-related shortfalls within [the Company’s] control” as well as “a more cautious prolonged demand environment.” The Company also reported a $149 million goodwill impairment.

Additionally, Azenta reduced its 2026 outlook, stating that organic revenue was now expected to range from down approximately 2% to up 1%, compared to prior guidance of 3% to 5% growth. The Company also reduced its adjusted EBITDA margin outlook and announced that it was extending the timeline for its long-range plan targets from 2028 to 2029.

On this news, Azenta’s stock price fell $6.23, or 25.3%, to close at $18.38 per share on May 6, 2026, thereby injuring investors.

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