Agilent Technologies (A) Tops Q2 EPS by 10c, Offers FY Guidance

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Agilent Technologies Reports Second-Quarter Fiscal Year 2017 Financial Results

May 22, 2017 4:05 PM EDT

Strong Second Quarter, Raises Full-Year Guidance

Highlights:

GAAP net income of $164 million, or $0.50 per share Non-GAAP net income of $187 million, or $0.58 per share(1), $0.10 above midpoint guidance of $0.48 per share Revenue of $1.10 billion, representing growth of 8 percent (core revenue growth of 9 percent(2) versus midpoint guidance of 3.5 percent) Third-quarter fiscal year revenue guidance of $1.06 billion to $1.08 billion, and non-GAAP earnings guidance of $0.49 to $0.51 per share(3) Increasing fiscal year 2017 core revenue growth guidance from a midpoint of 4.5 percent to 5.0... More