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Apr 30, 2020
Agilent Q2 2020 Earnings Report
Agilent's revenue remained flat, with GAAP net income decreasing and non-GAAP net income decreasing slightly.
Key Takeaways
Agilent Technologies reported flat revenue of $1.24 billion for Q2 2020. GAAP net income was $101 million, or 32 cents per share, while non-GAAP net income was $223 million, or 71 cents per share. The company experienced significant disruption in the U.S. and Europe due to COVID-19.
Revenue of $1.24 billion represents flat reported growth, down 1.7% on a core basis
GAAP net income of $101 million, or 32 cents per share
Non-GAAP net income of $223 million, or 71 cents per share
Operating cash flow of $313 million, up 24% versus prior year
Revenue by Segment
Forward Guidance
This news release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include, but are not limited to, information regarding Agilent’s growth prospects, business model and financial results and the impact of COVID-19.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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