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Jul 31, 2020

Agilent Q3 2020 Earnings Report

Agilent's Q3 2020 financial results highlighted the strength and resilience of the company, delivering strong results under challenging conditions created by the global COVID-19 pandemic.

Key Takeaways

Agilent Technologies Inc. reported revenue of $1.26 billion for the third quarter ended July 31, 2020, a decline of 1% compared to the third quarter of 2019. Third-quarter GAAP net income was $199 million, or 64 cents per share. Non-GAAP net income was $243 million, or 78 cents per share, during the quarter.

Revenue of $1.26 billion represents decline of 1% reported growth year-over-year, down 3.1% on a core basis.

GAAP net income of $199 million, or 64 cents per share.

Non-GAAP net income of $243 million, or 78 cents per share.

Agilent delivered strong results under challenging conditions created by the global COVID-19 pandemic.

Total Revenue
$1.26B
Previous year: $1.27B
-1.1%
EPS
$0.78
Previous year: $0.76
+2.6%
LSAG Operating Margin
22.6%
Previous year: 21.7%
+4.1%
Gross Profit
$669M
Previous year: $692M
-3.3%
Cash and Equivalents
$1.36B
Previous year: $1.77B
-23.1%
Free Cash Flow
$265M
Previous year: $195M
+35.9%
Total Assets
$9.55B
Previous year: $8.63B
+10.7%

Agilent

Agilent

Agilent Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income