Agilent Q2 2021 Earnings Report
Key Takeaways
Agilent Technologies Inc. reported revenue of $1.525 billion for the second quarter ended April 30, 2021, an increase of 23% compared to the second quarter of 2020 and up 19% on a core basis. Second-quarter GAAP net income was $216 million, or 70 cents per share. The company raised its full-year guidance with revenue now expected to be in the range of $6.15 billion to $6.21 billion and non-GAAP earnings per share (EPS) of $4.09 to $4.14.
Revenue of $1.525 billion represents an increase of 23% reported growth year-over-year, up 19% on a core basis.
GAAP net income of $216 million, or 70 cents per share.
Non-GAAP net income of $299 million, or 97 cents per share.
Completed the Resolution Bioscience acquisition.
Agilent
Agilent
Agilent Revenue by Segment
Forward Guidance
Agilent expects third-quarter 2021 revenue in the range of $1.51 billion to $1.54 billion, with non-GAAP earnings expected to be in the range of 97 to 99 cents per share. Agilent has increased its outlook and now expects revenue in the range of $6.15 billion to $6.21 billion for fiscal year 2021. Fiscal year 2021 non-GAAP earnings guidance has also increased to a range of $4.09 to $4.14 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income