Azenta, Inc. Earnings Per Share Disclosure
17. Net Loss per Share
The following table shows the computation of basic and diluted loss per share for the fiscal years ended September 30, 2025, 2024 and 2023 (in thousands, except per share data):
| Year Ended September 30, | ||||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| Income (loss) from continuing operations | $ | 24,458 | $ | (24,366 | ) | $ | (8,040 | ) | ||||
| Loss from discontinued operations, net of tax | (80,221 | ) | (140,531 | ) | (6,596 | ) | ||||||
| Net loss | (55,763 | ) | (164,897 | ) | (14,636 | ) | ||||||
| Weighted average common shares outstanding used in computing basic loss per share | 45,743 | 53,175 | 66,253 | |||||||||
| Dilutive restricted stock units | 153 | — | — | |||||||||
| Weighted average common shares outstanding used in computing diluted loss per share | 45,896 | 53,175 | 66,253 | |||||||||
| Basic net loss per share: | ||||||||||||
| Loss from continuing operations | $ | 0.53 | $ | (0.46 | ) | $ | (0.12 | ) | ||||
| Loss from discontinued operations, net of tax | (1.75 | ) | (2.64 | ) | (0.10 | ) | ||||||
| Basic net loss per share | $ | (1.22 | ) | $ | (3.10 | ) | $ | ) | ||||
| Diluted net loss per share: | ||||||||||||
| Loss from continuing operations | $ | 0.53 | $ | (0.46 | ) | $ | (0.12 | ) | ||||
| Loss from discontinued operations, net of tax | (1.75 | ) | (2.64 | ) | (0.10 | ) | ||||||
| Diluted net loss per share | $ | (1.22 | ) | $ | (3.10 | ) | $ | ) | ||||
For the fiscal year ended September 30, 2025, unvested restricted stock units and shares issued by the Company under the employee stock purchase plan representing 158,856 shares were excluded from the computation of diluted income per share from continuing operations as their inclusion would have been antidilutive.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 4, 2025 | Showing above |
| 2022 | Nov 25, 2022 | |
| 2021 | Nov 24, 2021 | |
| 2020 | Nov 18, 2020 | |
| 2019 | Dec 17, 2019 | |
| 2018 | Nov 29, 2018 | |
| 2017 | Nov 17, 2017 | |
| 2016 | Nov 29, 2016 | |
| 2015 | Nov 5, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.