Azenta Reports Q2 Earnings Below Expectations with Revenue Decline
Azenta (NASDAQ:AZTA) reported weaker-than-expected fiscal second-quarter results, citing execution shortfalls and cautious demand in North America. Organic revenue fell by approximately 3%, while the company recorded a non-GAAP loss of $0.04 per share.
Topics: EBITDA margin financial results guidance cut impairments revenue decline