Agilent Q4 2023 Earnings Report
Key Takeaways
Agilent Technologies reported a decrease in revenue for Q4 2023, with $1.69 billion, down 8.7% compared to Q4 2022. However, GAAP net income increased to $475 million, or $1.62 per share. The company anticipates a slow but steady recovery into 2024.
Revenue of $1.69 billion, down 8.7% reported and 9.7% core from Q4 2022.
GAAP net income of $475 million; EPS of $1.62, up 32% from Q4 2022.
Non-GAAP net income of $404 million; EPS of $1.38, down 10% from Q4 2022.
Fiscal year 2024 revenue is expected in the range of $6.71 billion to $6.81 billion.
Agilent
Agilent
Agilent Revenue by Segment
Forward Guidance
Fiscal year 2024 revenue is expected in the range of $6.71 billion to $6.81 billion. Fiscal year 2024 non-GAAP earnings guidance is expected in the range of $5.44 to $5.55 per share. Fiscal first-quarter revenue guidance is expected in the range of $1.555 billion to $1.605 billion. Fiscal first-quarter non-GAAP earnings guidance is expected in the range of $1.20 to $1.23 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income