CIMdata PLM Industry Summary Online Archive
!5 May 2012
Financial News
Agilent earnings rise more than 27%
Agilent Technologies Inc. reported that its second-quarter GAAP net income was $255 million or $0.72 per share, up from $200 million, or $0.56 per share in the year ago quarter.
Adjusted net income for the quarter rose to $275 million, or $0.78 per share from $261 million or $0.74 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.73 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter rose to $1.73 billion from $1.68 billion in the prior year quarter. Thirteen analysts had consensus revenue estimate of $1.71 billion for the quarter.
For the third-quarter, revenues are expected to be in the range of $1.77 billion to $1.79 billion. Fiscal third-quarter non-GAAP earnings are expected to be in the range of $0.82 to $0.84 per share. Analysts expect the company to report earnings of $0.83 per share on revenues of $1.76 billion for the third-quarter.
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