Agilent: Fiscal 1Q Earnings Snapshot
SANTA CLARA, Calif. (AP) _ Agilent Technologies Inc. (A) on Wednesday reported fiscal first-quarter net income of $504 million, after reporting a loss in the same period a year earlier.
The Santa Clara, California-based company said it had net income of $1.57 per share. Earnings, adjusted for one-time gains and costs, were 76 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The scientific instrument maker posted revenue of $1.28 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.27 billion.