Azenta, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022
May 09, 2022 at 04:12 pm EDT
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Azenta, Inc. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported revenue was USD 145.54 million compared to USD 129.54 million a year ago. Net income was USD 2,115.87 million compared to USD 23.75 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago. Basic earnings per share was USD 28.23 compared to USD 0.32 a year ago. Diluted earnings per share was USD 28.15 compared to USD 0.32 a year ago.
For the six months, revenue was USD 285.2 million compared to USD 247.68 million a year ago. Net income was USD 2,159.19 million compared to USD 49.78 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.06 a year ago. Basic earnings per share was USD 28.86 compared to USD 0.67 a year ago. Diluted earnings per share was USD 28.73 compared to USD 0.67 a year ago.
Azenta, Inc. is a provider of biological and chemical compound sample exploration and management solutions for the life sciences industry. The Companyâs segments include Sample Management Solutions, Multiomics and B Medical Systems. The Sample Management Solutions segment offers end-to-end sample management products and services, including sample and repository services and core products (automated stores, cryogenic systems, automated sample tube, and consumables and instruments). The Multiomics segment provides genomic and other sample analysis services, including gene sequencing and gene synthesis. B Medical Systems segment is focused on the manufacturing and distribution of temperature-controlled storage and transportation solutions in international markets to governments, health institutions, and non-government organizations. It provides products and services through its brands, including GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, Barkey, and B Medical Systems.
AZENTA, INC. 
