Investing.com - Azenta reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Azenta announced earnings per share of $0.16 on revenue of $138M. Analysts polled by Investing.com anticipated EPS of $0.07 on revenue of $133.72M.
Azenta shares are down 85% from the beginning of the year and are trading at $62.37 , down-from-52-week-high.
Azenta shares gained 33.90% in after-hours trade following the report.
Azenta follows other major Healthcare sector earnings this month
Azenta's report follows an earnings beat by J&J on Tuesday, October 18, 2022, who reported EPS of $2.55 on revenue of $23.79B, compared to forecasts EPS of $2.48 on revenue of $23.36B.
Eli Lilly had beat expectations on Tuesday, November 1, 2022 with third quarter EPS of $1.98 on revenue of $6.94B, compared to forecast for EPS of $1.91 on revenue of $6.91B.
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