Azenta shares are trading lower after the company reported Q3 financial results and cut its FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Azenta shares are trading lower after the company reported Q3 financial results and cut its FY24 revenue guidance below estimates.
August 07, 2024 | 3:04 pm
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NEGATIVE IMPACT
Azenta shares are trading lower following the release of Q3 financial results and a reduction in FY24 revenue guidance below market estimates.
The company's disappointing Q3 financial results and the reduction in FY24 revenue guidance below estimates are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100