Agilent Technologies Inc

A

Equity

ISIN US00846U1016 / Valor 901692

New York Stock Exchange, Inc (2024-11-20)

USD 128.57+2.29%

Agilent Technologies Inc
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About company

Agilent Technologies Inc. is a global company that specializes in providing a wide range of products and services for the life sciences, diagnostics, and applied chemical markets. With a significant presence in over 110 countries, Agilent supports the scientific community with advanced instruments, software, consumables, and services that are essential for a variety of research, diagnostic, and quality control applications. The company's offerings are designed to meet the needs of customers across several key markets, including food safety, environmental and forensic analysis, pharmaceuticals, diagnostics, chemicals, and advanced materials, as well as research in life sciences. Agilent's commitment to innovation is underscored by its investment in research and development, aiming to deliver precise and reliable solutions that advance the quality of life. With net revenue of U.S. $6.83 billion in FY 23 and approximately 18,000 employees worldwide, Agilent plays a crucial role in enabling its customers to achieve accurate scientific and operational outcomes.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

Agilent Technologies Inc. reported revenue of $1.57 billion for the second quarter of fiscal year 2024, which ended on April 30, 2024. This represents a decline of 8.4% on a reported basis and 7.4% on a core basis compared to the same quarter in 2023.

Net Income

For the second quarter of fiscal year 2024, Agilent Technologies Inc. reported a GAAP net income of $308 million, or $1.05 per share. This is an increase from the $302 million, or $1.02 per share, reported in the second quarter of fiscal year 2023.

Non-GAAP Earnings

Agilent Technologies Inc.'s non-GAAP net income for the second quarter of fiscal year 2024 was $356 million, or $1.22 per share. This is a decrease from the $377 million, or $1.27 per share, reported in the same quarter of the previous year.

Full-Year Outlook

Agilent Technologies Inc. has revised its full-year revenue outlook for fiscal year 2024 to a range of $6.420 billion to $6.500 billion. This represents a decline of 6.0% to 4.9% on a reported basis and 5.4% to 4.3% on a core basis. The non-GAAP earnings guidance for the fiscal year is also revised to a range of $5.15 to $5.25 per share.

Share Repurchase Program

Agilent Technologies Inc. announced plans to repurchase $0.75 billion of its common stock by the end of the fiscal year 2024. Additionally, the board of directors has authorized a new $2.0 billion share repurchase program.

Summarized from source with an LLMView Source

Key figures

12.8%1Y

-21.7%3Y

63.7%5Y

Performance

27.8%1Y

29.6%3Y

29.4%5Y

Volatility