Azenta announces resignation of chief accounting officer Violetta Hughes

Azenta, Inc. (NASDAQ:AZTA), a life sciences company currently valued at $1.5 billion with an overall "GOOD" financial health rating according to InvestingPro, reported that Violetta Hughes, its Vice President and Chief Accounting Officer, has submitted her voluntary resignation. According to a statement released in a Securities and Exchange Commission filing, Ms. Hughes will leave her position, as well as all director and officer roles at the company’s subsidiaries, effective August 6, 2025.

The company stated that Ms. Hughes is departing to pursue opportunities outside of Azenta. The filing noted that her resignation is not the result of any disagreement with the company or its Board of Directors regarding operations, policies, practices, or any financial or accounting-related matters.

Ms. Hughes will remain with Azenta through her separation date to assist with the transition of her responsibilities.

This information is based on a press release statement contained in the company’s recent SEC filing.

In other recent news, Azenta Inc. reported its second-quarter fiscal year 2025 results, showing a revenue of $143 million, which slightly exceeded forecasts. However, the company’s earnings per share (EPS) came in at $0.05, falling short of the expected $0.08. Despite the EPS miss, Azenta’s revenue increased by 5% year-over-year, driven by strong performance in next-generation sequencing and PlasmaDZ. The company’s cash position remains robust at $540 million with no debt, highlighting financial stability. Azenta’s strategic focus on innovation and growth in the China market contributed to a 6% organic revenue growth. The company maintains its full-year guidance for organic revenue growth of 3-5% and aims for a 300 basis points expansion in EBITDA margin. Analysts noted the company’s resilience amid geopolitical tensions and funding challenges in the academic research market. Azenta continues to explore mergers and acquisitions to enhance growth and operational efficiency.

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