Azenta Lowers FY24 Revenue Guidance To $652M-$658M vs $661.81M Est.
Portfolio Pulse from Benzinga Newsdesk
Azenta has lowered its FY24 revenue guidance to a range of $652 million to $658 million, which is below the previous estimate of $661.81 million.
August 06, 2024 | 8:12 pm
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Azenta has revised its FY24 revenue guidance downward to $652M-$658M, which is below the previous estimate of $661.81M. This could indicate potential challenges in meeting revenue targets.
The downward revision in revenue guidance suggests that Azenta may face challenges in achieving its revenue targets, which could negatively impact investor sentiment and the stock price in the short term.
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