Agilent Technologies (A) Tops Q1 EPS by 18c; Guides Q2 Above the Street

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Go back to Agilent Technologies (A) Tops Q1 EPS by 18c; Guides Q2 Above the Street

Agilent Reports First-Quarter Fiscal Year 2022 Financial Results

February 22, 2022 4:05 PM EST

Strong Start to 2022; Raising Full-Year Guidance

Highlights:

Revenue of $1.67 billion represents 8% reported growth; and up 9% on a core(1) basis. GAAP net income of $283 million with earnings per share (EPS) of $0.93, flat from the first quarter of 2021. Non-GAAP(2) net income of $368 million with EPS of $1.21, up 14% from the first quarter of 2021. Full year revenue is expected to be in the range of $6.67 billion to $6.73 billion, representing reported growth of 5.6% to 6.5%, and core(1) growth of 7.0% to 8.0%. Fiscal year 2022 non-GAAP(3) EPS is increased to an estimated range of $4.80 to $4.90 per... More