NASDAQ$AZTA

Azenta Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Brooks Automation reported Q4 2020 earnings with significant earnings growth driven by operating margin expansion and double-digit revenue growth in both Life Sciences and Semiconductor Solutions.

Brooks Automation reported a strong fourth quarter with revenue up 24% year-over-year, driven by growth in both Semiconductor Solutions and Life Sciences businesses. Diluted EPS from continuing operations was $0.39 per share, compared to $0.07 per share in the fourth quarter of 2019. The company's operating margin also expanded, contributing to the earnings growth.

  • Revenue for the fourth fiscal quarter was $246 million, up 24% year over year.
  • Diluted EPS from continuing operations was $0.39 per share compared to $0.07 per share in the fourth quarter of 2019.
  • Life Sciences revenue of $108 million grew 15% year over year and 16% sequentially.
  • Semiconductor Solutions revenue was $138 million, an increase of 31% year over year and 9% sequentially.

Headline financials

Total Revenue

$246M

Previous: $200M+23.0%
EPS (adj)

$0.47

Previous: $0.24+95.8%
Capital Expenditures

$10.2M

Previous: $8.31M+23.2%
Free Cash Flow

$41.6M

Previous: $24.3M+70.7%
Net Income

$29M

Previous: $413M-93.0%
Operating Income

$34.1M

Previous: $11.1M+207.1%
Gross Profit

$112M

Previous: $80.7M+38.8%
Cash & Equivalents

$251M

Previous: $257M-2.3%
Total Assets

$1.56B

Previous: $1.52B+2.9%
Stock-Based Comp

$3.97M

Previous: $4.94M-19.7%

Revenue & EPS history

Azenta · Revenue · Quarterly

$246M

Q4 2020+23%vs Q4 2019
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Forward guidance

The Company announced revenue and earnings guidance for the first quarter of fiscal 2021. Revenue is expected to be in the range of $237 million to $251 million and non-GAAP diluted earnings per share is expected to be in the range of $0.37 to $0.47. GAAP diluted earnings per share for the first fiscal quarter is expected to be in the range of $0.27 to $0.37.

Tailwinds

  • Revenue is expected to be in the range of $237 million to $251 million
  • Non-GAAP diluted earnings per share is expected to be in the range of $0.37 to $0.47
  • GAAP diluted earnings per share for the first fiscal quarter is expected to be in the range of $0.27 to $0.37

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-0.6%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.4%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+22.4%

Q4 2025

Best reaction

-23.4%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-21.6%-21.0%-6.1%
Q1 2026-23.4%-19.3%-34.2%
Q4 2025+22.4%+20.9%+14.8%
Q2 2025-0.7%+11.3%+13.1%
Q1 2025+3.4%-8.6%-16.0%
Q4 2024-2.9%-9.4%+0.2%
Q3 2024-4.9%-1.1%-15.4%
Q2 2024-4.8%-6.9%-2.1%
Q1 2024-4.0%-1.2%-2.0%
Q4 2023+14.6%+16.1%+27.2%
Q3 2023+21.8%+18.4%+11.0%
Q2 2023-19.8%-11.1%+0.0%
Q1 2023-20.8%-22.2%-29.7%
Q4 2022+15.8%+17.5%+25.8%
Q3 2022-10.3%-8.7%-23.8%
Q2 2022-4.0%+5.6%+8.9%
Q1 2022+5.6%-3.1%-7.0%
Q4 2021-7.6%-7.1%-16.7%
Q3 2021-4.0%-4.0%-3.5%
Q2 2021-7.3%-7.1%-2.9%
Q1 2021-2.8%-0.3%-4.2%
Q4 2020+9.7%+12.8%+19.9%
Q3 2020+17.8%+21.2%+13.2%
Q2 2020-15.4%-12.3%-3.9%
Q1 2020-1.4%+6.7%-15.1%
Q4 2019+7.8%+5.5%-7.7%
Q3 2019-15.7%-17.0%-14.1%
Q2 2019+18.5%+23.4%+15.6%
Q1 2019+0.9%-5.3%-0.4%
Q4 2018-11.6%-10.9%-13.6%
Q3 2018-7.2%-5.8%+22.3%
Q2 2018+8.4%+12.5%+31.4%
Q1 2018-3.4%-9.5%-2.4%
Q4 2017-23.3%-21.2%-28.8%
Q3 2017-8.1%+0.9%+6.6%
Q2 2017+6.0%+9.4%+16.3%
Q1 2017+16.9%+20.6%+20.0%
Q4 2016+7.7%+11.7%+20.1%
Q3 2016-3.3%-5.4%-1.7%
Q2 2016-7.3%
Q1 2016-1.7%
Q4 2015-0.2%
Q3 2015+11.2%
Q2 2015-0.5%
Q1 2015-5.1%
Q4 2014+6.0%
Q3 2014+2.7%
Q2 2014+1.1%
Q1 2014-1.3%
Q4 2013+2.9%
Q3 2013-4.0%
Q2 2013+2.7%
Q1 2013+2.5%
Q4 2012+1.3%
Q3 2012-13.8%
Q2 2012-1.1%
Q1 2011+7.2%
Q1 2012+7.2%
Q4 2009+2.8%
Q2 2011+2.8%
Q4 2011+2.8%
Q4 2010-0.1%
Q3 2010-0.1%
Q3 2011-0.1%
Q2 2010-6.9%

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