Agilent Technologies (A) Tops Q2 EPS by 3c, Guidance Misses
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Agilent Reports Second-Quarter Fiscal Year 2024 Financial Results
May 29, 2024 4:05 PM EDT
Full-year outlook revised to reflect slower market recovery
Announces plan to repurchase $0.75 billion of its common stock by end of fiscal year
Board of directors authorizes new $2.0 billion share repurchase program
Highlights
Revenue of $1.57 billion, down 8.4% reported and 7.4% core(1) from the second quarter of 2023. GAAP net income of $308 million; earnings per share (EPS) of $1.05, up 3% from the second quarter of 2023. Non-GAAP(2) net income of $356 million; EPS of $1.22, down 4% from the second quarter of 2023. Full-year revenue outlook revised at $6.420 billion to $6.500 billion, representing a range of down... More