Law Offices of Howard G. Smith announces an investigation on behalf of Azenta, Inc. (“Azenta” or the “Company”) (NASDAQ: AZTA) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN AZENTA, INC. (AZTA), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On May 5, 2026, Azenta released its second quarter 2026 financial results, missing consensus estimates in EPS and revenue due to “execution-related shortfalls within [the Company’s] control” as well as “a more cautious prolonged demand environment.” The Company also reported a $149 million goodwill impairment.
Additionally, Azenta reduced its 2026 outlook, stating that organic revenue was now expected to range from down approximately 2% to up 1%, compared to prior guidance of 3% to 5% growth. The Company also reduced its adjusted EBITDA margin outlook and announced that it was extending the timeline for its long-range plan targets from 2028 to 2029.
On this news, Azenta’s stock price fell $6.23, or 25.3%, to close at $18.38 per share on May 6, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Azenta securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260513054436/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
