Agilent Technologies (A) Tops Q2 EPS by 9c; Guides Q3 Above Views

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Agilent Reports Second-Quarter Fiscal Year 2022 Financial Results

May 24, 2022 4:05 PM EDT

Delivers solid results; increases full-year core growth and EPS forecast

Highlights:

Revenue of $1.61 billion represents 5% reported growth; and up 7% on a core(1) basis. GAAP net income of $274 million with earnings per share (EPS) of 91 cents, up 30% from the second quarter of 2021. Non-GAAP(2) net income of $340 million with EPS of $1.13, up 16% from the second 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 increased core(1) growth to a range of 8% to 9%. Fiscal year 2022 non-GAAP(3) EPS is... More