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Jan 31, 2020
Agilent Q1 2020 Earnings Report
Agilent reported revenue growth and EPS at the top end of guidance.
Key Takeaways
Agilent Technologies reported a strong start to 2020 with revenues above expectations, growing across all regions and markets. First quarter revenue was $1.36 billion, up 5.7% year over year, with a GAAP net income of $197 million or 63 cents per share and Non-GAAP net income of $252 million, or 81 cents per share.
Revenue of $1.36 billion represents 5.7% reported growth, up 2.4% on a core basis
GAAP net income of $197 million or 63 cents per share
Non-GAAP net income of $252 million, or 81 cents per share
Maintaining full-year 2020 revenue guidance of $5.50 billion to $5.55 billion and non-GAAP earnings guidance of $3.38 to $3.43 per share
Revenue by Segment
Forward Guidance
Agilent expects second-quarter 2020 revenue in the range of $1.28 billion to $1.32 billion. Second-quarter 2020 non-GAAP earnings are expected to be in the range of 72 cents to 76 cents per share after factoring in the potential impact of the coronavirus disease 2019 (COVID-19). The company is maintaining its previous outlook and expects revenue of $5.50 billion to $5.55 billion for fiscal year 2020. Fiscal year 2020 non-GAAP earnings guidance also remains unchanged in the range of $3.38 to $3.43 per share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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