Azenta Shares Fall on $3M Charge, CEO Exit

Dow Jones

2 hours ago

Azenta shares fell after the company said it expected to record a $3 million expense and its chief executive departed.

The stock slid 9% to $34 on Monday. Shares are still up 2% this year.

The life sciences company said it expects to record a $3 million expense related to consulting costs, which will ding its adjusted earnings before interest, taxes, depreciation and amortization in the fourth quarter.

Azenta also reaffirmed its fourth-quarter sales guidance.

The expected charge came as the board has retained an executive search firm, Heidrick & Struggles, to help find a new chief executive.

John Marotta has resigned from his role as CEO and Martin Madaus is serving in the interim.

"The board regularly analyzes the performance of our core business units and will continue to evaluate which areas merit targeted reinvestments," said board chair Frank Casal.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2662660208"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2662660208\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2662660208?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-25 01:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2662660208","market":"us","top_or_hot":-1,"title":"Azenta Shares Fall on $3M Charge, CEO Exit","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/AZTA\">Azenta</a> shares fell after the company said it expected to record a $3 million expense and its chief executive departed. \n</p>\n<p>\n  The stock slid 9% to $34 on Monday. Shares are still up 2% this year. \n</p>\n<p>\n  The life sciences company said it expects to record a $3 million expense related to consulting costs, which will ding its adjusted earnings before interest, taxes, depreciation and amortization in the fourth quarter. \n</p>\n<p>\n  Azenta also reaffirmed its fourth-quarter sales guidance. \n</p>\n<p>\n  The expected charge came as the board has retained an executive search firm, Heidrick &amp; Struggles, to help find a new chief executive. \n</p>\n<p>\n  John Marotta has resigned from his role as CEO and Martin Madaus is serving in the interim. \n</p>\n<p>\n  \"The board regularly analyzes the performance of our core business units and will continue to evaluate which areas merit targeted reinvestments,\" said board chair Frank Casal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Azenta Shares Fall on $3M Charge, CEO Exit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAzenta Shares Fall on $3M Charge, CEO Exit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-25 01:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/AZTA\">Azenta</a> shares fell after the company said it expected to record a $3 million expense and its chief executive departed. \n</p>\n<p>\n  The stock slid 9% to $34 on Monday. Shares are still up 2% this year. \n</p>\n<p>\n  The life sciences company said it expects to record a $3 million expense related to consulting costs, which will ding its adjusted earnings before interest, taxes, depreciation and amortization in the fourth quarter. \n</p>\n<p>\n  Azenta also reaffirmed its fourth-quarter sales guidance. \n</p>\n<p>\n  The expected charge came as the board has retained an executive search firm, Heidrick &amp; Struggles, to help find a new chief executive. \n</p>\n<p>\n  John Marotta has resigned from his role as CEO and Martin Madaus is serving in the interim. \n</p>\n<p>\n  \"The board regularly analyzes the performance of our core business units and will continue to evaluate which areas merit targeted reinvestments,\" said board chair Frank Casal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2065732104.USD","symbol_name":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2662660208","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2662660208","pubTimestamp":1787591700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Azenta shares fell after the company said it expected to record a $3 million expense and its chief executive departed.The stock slid 9% to $34 on Monday. Shares are still up 2% this year.The life sciences company said it expects to record a $3 million expense related to consulting costs, which will ding its adjusted earnings before interest, taxes, depreciation and amortization in the fourth quarter.Azenta also reaffirmed its fourth-quarter sales guidance.The expected charge came as the board has retained an executive search firm, Heidrick & Struggles, to help find a new chief executive.John Marotta has resigned from his role as CEO and Martin Madaus is serving in the interim.\"The board regularly analyzes the performance of our core business units and will continue to evaluate which areas merit targeted reinvestments,\" said board chair Frank Casal.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","SG9999002232.USD":"Allianz Global High Payout USD","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","SG9999002224.SGD":"Allianz Global High Payout SGD","BK4206":"工业集团企业","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","AZTA":"Azenta","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4588":"碎股","LU0012050646.USD":"SCHRODER ISF US SMALLER COMPANIES IMPACT \"A\" (USD) INC AV","BK4147":"半导体设备","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","MMM":"3M","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0106261612.USD":"SCHRODER ISF US SMALLER COMPANIES IMPACT \"A\" ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","BK4121":"生命科学工具和服务","BK4512":"苹果概念"},"translate_title":"Azenta 股价因 300 万美元指控和首席执行官退出而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMM":1.5,"AZTA":1.5},"content_text":"Azenta shares fell after the company said it expected to record a $3 million expense and its chief executive departed. \n\n\n  The stock slid 9% to $34 on Monday. Shares are still up 2% this year. \n\n\n  The life sciences company said it expects to record a $3 million expense related to consulting costs, which will ding its adjusted earnings before interest, taxes, depreciation and amortization in the fourth quarter. \n\n\n  Azenta also reaffirmed its fourth-quarter sales guidance. \n\n\n  The expected charge came as the board has retained an executive search firm, Heidrick & Struggles, to help find a new chief executive. \n\n\n  John Marotta has resigned from his role as CEO and Martin Madaus is serving in the interim. \n\n\n  \"The board regularly analyzes the performance of our core business units and will continue to evaluate which areas merit targeted reinvestments,\" said board chair Frank Casal.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-2","news_tag":"executive","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}