Agilent Technologies (A) withdraws second-quarter and fiscal year 2020 guidance

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Agilent Technologies Provides Update on COVID-19 Impact; Sets Second-Quarter Earnings Call for May 21

April 14, 2020 8:00 AM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Agilent Technologies, Inc. (NYSE: A) today announced that due to the expanded and evolving nature of the COVID-19 pandemic and resulting effects on customer operations, it is withdrawing its second-quarter and fiscal year 2020 guidance provided on Feb. 18.

While Agilents fiscal second-quarter revenues grew a reported 2% (and 1% core1) through March, the company saw a significant disruption in business activity in late March, particularly in the U.S and Europe as customers closed or restricted access to their facilities in an effort to slow the spread of... More