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Sep 30, 2022
Azenta Q4 2022 Earnings Report
Azenta's Q4 2022 results were reported, with revenue of $138 million and non-GAAP EPS of $0.16. The company authorized a $1.5 billion share repurchase program.
Key Takeaways
Azenta reported Q4 2022 revenue of $138 million, flat year over year. Non-GAAP diluted EPS was $0.16, up from $0.12 in the prior year. The company's Board authorized a $1.5 billion share repurchase program.
Delivered on Expected Q4’22 Revenue of $138 million
Strong Double-Digit Organic Growth Excluding COVID for Q4 and Full Fiscal Year
Plan to Repurchase at Least $1 Billion of Common Stock Over the Coming Year, Including $500 Million Accelerated Share Repurchase Program
30% Total Revenue Growth Expected in Fiscal 2023
Azenta
Azenta
Forward Guidance
For the first quarter, revenue is expected to be in the range of $175 to $190 million and non-GAAP diluted earnings per share is expected to be in the range of $0.08 to $0.16. GAAP diluted earnings per share from continuing operations is expected to be in the range of ($0.20) to ($0.12). For the full year, total revenue is expected to grow approximately 30%.