Azenta Reports Q1 Loss of $13.3M, Adjusted EPS of 8 Cents

BURLINGTON, Mass. - Azenta, Inc. (AZTA) announced a net loss of $13.3 million for its fiscal first quarter. On a per-share basis, the Burlington, Massachusetts-based company reported a loss of 29 cents.

Excluding certain non-recurring expenses, adjusted earnings came to 8 cents per share. The supplier to semiconductor manufacturers recorded revenue of $147.5 million during the quarter.

Azenta's stock has gained approximately 4% year-to-date, although it has declined 21% over the past 12 months.