Agilent Technologies (A) Tops Q2 EPS by 1c; Guides Modestly Lower
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Agilent Reports Second-Quarter Fiscal Year 2023 Financial Results
May 23, 2023 4:05 PM EDTDelivers solid results; adjusts full-year guidance in an increasingly challenging market
Highlights:
Revenue of $1.72 billion represents 6.8% reported growth year-over-year; and up 9.5% on a core(1) basis. GAAP net income of $302 million with earnings per share (EPS) of $1.02, up 12% from the second quarter of 2022. Non-GAAP(2) net income of $377 million with EPS of $1.27, up 12% from the second quarter of 2022. Full-year revenue is now expected to be in the range of $6.93 billion to $7.03 billion, representing reported growth of 1.2% to 2.7% and core(1) growth of 3.0% to 4.5%. Fiscal year 2023 non-GAAP(3) EPS is... More