On this page of StockholderLetter.com we present the latest annual shareholder letter from Azenta, Inc. — ticker symbol AZTA. Reading current and past AZTA letters to shareholders can bring important insights into the investment thesis.
234562789
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0 012345 738347 7490 23247 815 4 9 81 4 9 2772 1 5 9 811081 42 3 20 70813 3 74932 1 $3 $ 456 ! 3 4 7490 23247 4 9 81 4 893 ! $3 ! " 7 8 9 :; " ; 5;5 7;< ;#=;" 3 3 817232 1 42 3 20 70813 3 74932 1 $3 $ 456 ! 3 4 7490 23247 4 9 81 4 893 ! $3 ! " ; " <;" 5 7" # 9 ## ! 9; 1?#=;"@ % 3 8A; 2 8 BCDEFG IEJK LM NKOPQGREIG EQ QSKFPMPKT PI PGQ FUERGKRV 5;9 W "; %3 XX BYGEGK LR LGUKR Z[RPQTPFGPLI LM B]^N^Y^ CJS_L`KR PIFLRSLREGPLI LR LROEIP\EGPLIV ]TKIGPMPFEGPLI aL^V 7?## 5" b; X !9 " c?"9 8 ? ; $f 3 BdTTRKQQ LM SRPIFPSE_ KDKF[GPeK LMMPFKQV BgPS hLTKV i.jklm*)-mnl m.o.pqr-. -stu.*v k-wosxk-j )*.) wrx.y 4fff6 z3Xf 7;8?" ; "; ;";5 <?" ? 7;8 $ 4=6 7 ; 88 @ 3 9; 7 ; 8 89 3" 5 7:#= 9 1 #; 7 ; 8 ;{8 ; W 8 "; ;";5 9 7 8 b 9 8~3 8 3 ; 1 5 7 8| "|; 119 7;8?" ; "; ;";5 <?" ? 7;8 $ 4 6 7 ; 88 @ 1 ; -xkw)m. u wq.w+ t)*+ k mq. *.jklm*)-m kl ) .oo +-r - l.)lr-.x klls.*v )l x. k-.x k- iso. r mq. .ws*kmk.l wm .l 0 r > -xkw)m. u wq.w+ t)*+ k mq. *.jklm*)-m kl -rm *. sk*.x mr ko. *.pr*ml ps*ls)-m mr .wmkr- r* 'x/ r mq. .ws*kmk.l wq)-j. wm r .l > r 0 -xkw)m. u wq.w+ t)*+ q.mq.* mq. *.jklm*)-m ' / q)l ko.x )oo *.pr*ml *. sk*.x mr u. ko.x u .wmkr- r* 'x/ r mq. .ws*kmk.l wq)-j. wm r xs*k-j mq. p*.w.xk-j tr-mql 'r* r* lswq lqr*m.* p.*krx mq)m mq. *.jklm*)-m )l *. sk*.x mr ko. lswq *.pr*ml/v )-x ' / q)l u..- lsu .wm mr lswq kok-j *. sk*.t.-ml r* mq. p)lm x) l .l 0 r > -xkw)m. u wq.w+ t)*+ q.mq.* mq. *.jklm*)-m q)l lsutkmm.x .o.wm*r-kw)oo . .* -m.*)wmk . )m) ko. *. sk*.x mr u. lsutkmm.x ps*ls)-m mr iso. r i.jso)mkr- ' r mqkl wq)pm.*/ xs*k-j mq. p*.w.xk-j tr-mql 'r* r* lswq lqr*m.* p.*krx mq)m mq. *.jklm*)-m )l *. sk*.x mr lsutkm lswq ko.l/ .l 0 r >
 • shareholder letter icon 12/19/2025 Letter Continued (Full PDF)
 • stockholder letter icon 12/15/2023 AZTA Stockholder Letter
 • stockholder letter icon 12/17/2024 AZTA Stockholder Letter
 • stockholder letter icon More "Semiconductors" Category Stockholder Letters
 • Benford's Law Stocks icon AZTA Benford's Law Stock Score = 88


AZTA Shareholder/Stockholder Letter Transcript:



234562789   


0123  516678  97 76 13    
(  -  *  !.$    !      ". !-$"$   '    (   $ $   *  !,        $*    ! , /  0+$   1    $..$(     !   +$   ! $  
!  234  ! $  #$     *!'  1   $   !,        $    "  (  $5  $-$ # +  *             +   +$   ,  !"$ /  1    ,  '   $  
! , $(  !     ".  #  *  !,   !.$    !  '   ". !-  *  $6$ ,  !    + !,*+   +$   ". $"$     !   !   +$  
%&$     7,   $    8#  $"'    (     $ * +$   *  !,    ,  , $  !     !,   )    #/  9+$ $  $ !       $  
),  (  *  :,    #'   $   ) $'    (       ) $  !.$    !     +    ($  -$   $6 $.  !     !,  !"$   !   !,   
016=>13=?@  7?  AB3  C7DD=D1?   
4,    $ "     !, (   +$   !  (  $")   $(   +         ! "   ! '    (   +$   $ ,      .$ ;  !    +$" $ -$ /  
0$  ($  -$ $(  ! *       $-$ ,$  * !  +  !  EF    (  "$    *,  #   ". !-$(  . !   )    #'  $6.  (  *  
 (G,  $(  3719H%  "  *    )#  EI   )      .!    /  9+$ $   $ ,      $ $  (  -$   )#  !,   $ !      !  
   $ "   $  . ! $  $ '  !.  " &$   !       ,  , $ '  $ +   $   !""$       $6 $  $  $'    (  $6$ , $     +  
(    .   $/  1    ((   ! '   $  ($  -$ $(  JEK  "    !        $$     +   ! '       *          ". !-$"$    
#$    !-$   #$  '    (  $ ($(   +$         #$       +  J LM  "    !          +'     +  $:, -  $   '    (  
"  ;$  ) $   $ ,    $ /  %&$      !( #      (   !      ", +     ! *$   !.$    !     !, (   ! '   $  N
.!    ! $(  !    ,      ) $  * !  +    (   ! *N $ "  -  ,$    $   ! /  
9+$ $          #   "! $   ! ;   !  (!'    (   $   $"      !""   $(   !   !    ,!,    ". !-$"$  /  9+    
   ('  1   !, (   !   )$  . !,($   !   +$  %&$      $ "    (   +     $     !".   +$(   !*$ +$    +    #$  /  
5= 26  OPOQ  R12S  T  C7?=?B=?@  AS132=7?   
        #$           $-$ ,$       J UL  "    ! '   +  +       ,.  EF  ! *       #'  ($ .  $     "   !  
$ -  ! "$     +    )$  "$      $    * #   +   $ *  *       +$  #$    . !* $  $(/  9+$      $  $       
.  "    #  (  -$   )#     $ * +       +$  V,   !"      $*"$  /  
W! NX%%Y  3Y8       J / I'   !".  $(   !  J /LK       +$  .  !   #$  /  %(G,  $(  3719H%  "  *         
II/ F'  ,.  EI   )      .!      #$  N!-$ N#$  '   $ $    *   +$   !    ,$(  )$ $     !  !,   !.$    !     
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        #$           $-$ ,$  * $   LF  !       $.!  $(  )    /  X%%Y  3719H%       JEI  "    !     (  
X%%Y  3Y8       J / E/  
5= 26  OPOQ  012=61   Z13[73D2?1  9BDD23\  T  C7?=?B=?@  AS132=7?   
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  (  IF  ! *      #$    !-$   #$  /  9+$  8 ". $  ]$.!   ! #  8! ,  !    ),   $     $-$ ,$  * $   LF  !      
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IF  !       $.!  $(  )    '  .  "    #  (  -$   )#   !  $        2 #!*$     8#  $"     (  %, !"  $(  8 ! $   
 +  +       .       #  !  $   )#     $ * +      2!  ," ) $   ^  1    ,"$   /  

012  41567897    9  6  2  1            975578        2       2 826            82  7    2  
8 2    2     7       279 275    1  68  8167    2  1  28 6   7     6  !  2 678   "#1 7 $  
  7         267 55   8%% 6  &   2  1    57    7   "   2   #1 7        !    "  6  7   
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        15612  8%  8 67 181  79 28 9  6   28   6   82  7  678    012  %81  29 7   8   
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0   A 9&2  B>$   >  $       86      1 %15  C   682  A    7   C  7    857$    2        2   
812  62 6 7   2782767 $  58 ?629   778        %7   7 5  899769  6   @   9   7    812  %81  
8     52 67   68 ?57   28 6 $       7   9 27 $         58 7     76 5  7       7 5    7 7 57    
9   2  17    &   &86   62 6 7       %7   7 5  %7562   <  6   8%%2     1 7#1   8 69  8%  
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16 7  &5$   28%76 &5  28 6   %82  812  68D 85 2   
0   &  5%  8%  812  E8 2   8%  A72 682       6    672  58& 5  <  6   6 9$      6   D  812  1689 2  
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shareholder letter icon 12/19/2025 Letter Continued (Full PDF)
 

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