Agilent: Fiscal Q1 Earnings Snapshot
By AP News
Published - Feb 28, 2023, 04:25 PM ET
Last Updated - Jun 22, 2023, 06:57 PM EDT
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Agilent Technologies Inc. (A) on Tuesday reported fiscal first-quarter earnings of $352 million.
On a per-share basis, the Santa Clara, California-based company said it had net income of $1.19. Earnings, adjusted for non-recurring costs, came to $1.37 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The scientific instrument maker posted revenue of $1.76 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.69 billion.