Agilent Q1 2024 Earnings Report
Key Takeaways
Agilent Technologies reported Q1 2024 revenue of $1.66 billion, a 5.6% decrease year-over-year. GAAP net income was $348 million, or $1.18 per share, while non-GAAP net income was $380 million, or $1.29 per share. The company maintained its full-year revenue and non-GAAP earnings guidance.
Revenue of $1.66 billion, down 5.6% reported and 6.4% core from Q1 2023.
GAAP net income of $348 million; earnings per share (EPS) of $1.18, down 1% from Q1 2023.
Non-GAAP net income of $380 million; EPS of $1.29, down 6% from Q1 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.
Agilent
Agilent
Agilent Revenue by Segment
Forward Guidance
Full-year revenue outlook is maintained at $6.710 billion to $6.810 billion. Second-quarter revenue is expected in the range of $1.560 billion to $1.590 billion, with non-GAAP EPS of $1.17 to $1.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income