Agilent (A) Gains on Another Beat-and-Raise Quarter, Analysts Raise Price Targets After Witnessing 'Big Boy Numbers'

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Agilent Reports Second-Quarter Fiscal Year 2021 Financial Results

May 25, 2021 4:05 PM EDT

Delivers Strong, Broad-Based Growth

Raising Full-Year Outlook on Continued Company Momentum

Highlights:

Revenue of $1.525 billion represents an increase of 23% reported growth year-over-year, up 19% on a core(1) basis. GAAP net income of $216 million, or 70 cents per share. Non-GAAP(2) net income of $299 million, or 97 cents per share. Completed the Resolution Bioscience acquisition. Full-year guidance raised with revenue now expected to be in the range of $6.15 billion to $6.21 billion and non-GAAP(3) earnings per share (EPS) of $4.09 to $4.14. Third-quarter... More