Agilent Technologies (A) Tops Q1 EPS by 7c, Offers Guidance
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Agilent Reports First-Quarter Fiscal Year 2024 Financial Results
February 27, 2024 4:05 PM EST
Revenue and earnings exceed Q1 guidance
Full-year outlook maintained
Highlights
Revenue of $1.66 billion, down 5.6% reported and 6.4% core(1) from the first quarter of 2023. GAAP net income of $348 million; earnings per share (EPS) of $1.18, down 1% from the first quarter of 2023. Non-GAAP(2) net income of $380 million; EPS of $1.29, down 6% from the first quarter of 2023. Full-year revenue outlook maintained at $6.710 billion to $6.810 billion, representing a range of down 1.8% to 0.3% on a reported basis and down 0.5% to up 1% core(1). Fiscal year 2024 non-GAAP(3) earnings guidance also maintained at a range of $5.44 to $5.55 per... More