
Azenta Q3 Revenue $161M (+12%); Adjusted EBITDA $18M (+6%)
Azenta reported its third quarter fiscal 2026 financial results, with revenue from continuing operations reaching $161 million, an increase of 12% year over year, and organic growth of 9%. The company's Non-GAAP diluted EPS from continuing operations was $0.16, while Adjusted EBITDA from continuing operations grew 6% to $18 million, exceeding expectations despite a challenging market. Azenta also updated its full-year fiscal 2026 guidance, raising the lower end of its reported revenue outlook to $613 million to $618 million and improving its organic revenue growth expectation to flat to up 1%. Additionally, the company repurchased $50.0 million of common stock under its $250 million share repurchase program.
Key Highlights
- Q3 2026 Revenue from continuing operations was $161 million, up 12% year over year.
- Organic revenue growth for Q3 2026 was 9% year over year.
- Q3 2026 Non-GAAP Diluted EPS from continuing operations was $0.16, down 6% year over year.
- Q3 2026 Adjusted EBITDA from continuing operations was $18 million, up 6% year over year.
- Full year fiscal 2026 reported revenue guidance updated to $613M-$618M.
- Full year fiscal 2026 organic revenue guidance updated to flat to up 1%.
- Repurchased 2.3 million shares for $50.0 million under the 2025 Repurchase Program.
- Q3 2026 Free cash flow was negative $5 million.
Price Impact
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