Agilent Technologies (A) Tops Q1 EPS by 8c, Offers Guidance
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Agilent Technologies Reports First-Quarter Fiscal Year 2018 Financial Results
February 14, 2018 4:05 PM ESTExcellent Start to 2018; Raising Full Year Guidance
Highlights:
Revenue of $1.21 billion, representing growth of 14 percent (core revenue growth of 10 percent(2) versus midpoint guidance of 5.25 percent) GAAP net loss of $320 million, or $0.99 net loss per share. GAAP results include a one-time tax provision of $533 million associated with the recent enactment of U.S. Tax Reform legislation. (4) Non-GAAP net income of $216 million, or $0.66 per share(1), $0.10 above midpoint guidance of $0.56 per share, increase of 25% from 2017 Second-quarter fiscal year revenue guidance of $1.20 billion to... More