Recap: Azenta Q4 Earnings
Portfolio Pulse from Benzinga Insights
Azenta (NASDAQ:AZTA) reported Q4 earnings with an EPS of $0.13, surpassing the estimate of $0.02 by 550%. Revenue increased by $34.79 million compared to the same period last year. The company had previously beaten EPS estimates last quarter, which led to a 20.33% rise in share price the following day.
November 13, 2023 | 9:10 pm
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Azenta reported a significant earnings beat with a Q4 EPS of $0.13, greatly exceeding the $0.02 estimate, and a notable year-over-year revenue increase.
Azenta's substantial earnings beat and revenue growth are likely to be viewed positively by investors, especially considering the stock's previous positive reaction to last quarter's earnings beat. This could lead to a short-term increase in stock price.
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RELEVANCE 100