Wed, Jul 30, 2014, 5:58 AM EDT - U.S. Markets open in 3 hrs 32 mins

Recent

% | $
Click the to save as a favorite.

Agilent Technologies Inc. Message Board

  • bluecheese4u bluecheese4u Feb 15, 2013 12:03 AM Flag

    Agilent Technologies Reports First-Quarter 2013 Results

    Agilent Technologies Reports First-Quarter 2013 Results

    Financial Statements
    Financial Tables (292KB)

    Highlights:

    GAAP net income of $179 million, or $0.51 per share
    Non-GAAP net income of $222 million, or $0.63 per share(1)
    Orders of $1.71 billion, up 5 percent over a year ago. Revenues of $1.68 billion, up 3 percent from one year ago
    Second-quarter fiscal year 2013 revenue guidance of $1.74 billion to $1.77 billion and non-GAAP earnings guidance of $0.64 to $0.70 per share(2)
    Fiscal year 2013 revenue guidance of $6.9 billion to $7.1 billion. Non-GAAP earnings guidance at $2.70 to $3.00 per share(2)

    SANTA CLARA, Calif., Feb. 14, 2013

    Agilent Technologies Inc. (NYSE: A) today reported revenues of $1.68 billion for the first fiscal quarter ended Jan. 31, 2013, 3 percent above one year ago. First-quarter GAAP net income was $179 million, or $0.51 per share. Last year's first-quarter GAAP net income was $230 million, or $0.65 per share.

    During the first quarter, Agilent had intangible amortization of $52 million and acquisition, integration and transformation costs of $13 million. The company also recognized a tax benefit of $27 million. Excluding these items and $5 million of other net charges, Agilent reported first-quarter adjusted net income of $222 million, or $0.63 per share(1).

    Agilent CEO Bill Sullivan said, "While we currently face some volatility in our end-markets, we remain excited by our long-term prospects, including opportunities in emerging markets. Agilent will continue to invest in R&D to ensure that we maintain the cutting-edge products and technology leadership that our customers expect from us."

    Electronic Measurement first-quarter revenues declined 7 percent compared with the prior year, primarily due to an anticipated decrease in the communications market. Operating margins were 17 percent.

    Chemical Analysis revenues were down 1 percent compared with a year ago, driven by soft environmental markets. Operating margins were 21 percent.

    Life Sciences revenues were up 2 percent over a year ago. Pharma saw modest growth, while academic/government markets were flat. Operating margins were 15 percent.

    Diagnostics and Genomics grew 145 percent, 4 percent excluding the effects of the Dako acquisition. Operating margins were 13 percent.

    Agilent generated $245 million of cash from operations in the quarter. First-quarter ROIC was 14 percent(3).

    Second-quarter 2013 revenues are expected to be in the range of $1.74 billion to $1.77 billion. Second-quarter non-GAAP earnings are expected to be in the range of $0.64 to $0.70 per share(2).

    For the full fiscal year 2013, Agilent now expects revenue of $6.9 billion to $7.1 billion and non-GAAP earnings of $2.70 to $3.00 per share(2).

    agilentDOTcom/about/newsroom/presrel/2013/14feb-gp13003.html

 
A
56.03-0.26(-0.46%)Jul 29 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.