Agilent Technologies (A) Tops Q3 EPS by 14c, Q4 Guidance Beats

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Agilent Reports Third-Quarter Fiscal Year 2022 Financial Results

August 16, 2022 4:05 PM EDT

Delivers excellent results; again raises full-year guidance

Highlights:

Revenue of $1.72 billion represents 8% reported growth year-over-year; and up 13% on a core(1) basis. GAAP net income of $329 million with earnings per share (EPS) of $1.10, up 28% from the third quarter of 2021. Non-GAAP(2) net income of $401 million with EPS of $1.34, up 22% from the third quarter of 2021. Full-year guidance raised with revenue now expected to be in the range of $6.750 billion to $6.775 billion, representing reported growth of 6.8% to 7.2% and core(1) growth of 9.9% to 10.3%. Full-year non-GAAP(3) EPS is also raised to an... More