Agilent Technologies (A) Tops Q1 EPS by 6c; Guides Q2, FY23
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Agilent Reports First-Quarter Fiscal Year 2023 Financial Results
February 28, 2023 4:05 PM ESTDelivers excellent start to the year; raises full-year guidance
Highlights:
Revenue of $1.76 billion represents 5% reported growth year-over-year; and up 10% on a core(1) basis. GAAP net income of $352 million with earnings per share (EPS) of $1.19, up 28% from the first quarter of 2022. Non-GAAP(2) net income of $406 million with EPS of $1.37, up 13% from the first quarter of 2022. Full-year revenue has been raised and is now expected to be in the range of $7.03 billion to $7.10 billion, representing reported growth of 2.7% to 3.7% and core(1) growth of 5.5% to 6.5%. Fiscal... More