earnings
confidence high
sentiment neutral
materiality 0.70
Agilent Q1 FY2024 revenue $1.66B (-5.6% YoY), EPS $1.18 GAAP/$1.29 non-GAAP; guides Q2 down
AGILENT TECHNOLOGIES, INC.
2024-Q1 EPS reported
$1.18
revenue$1,658,000,000
- Revenue $1.66B, down 5.6% reported and 6.4% core YoY; GAAP EPS $1.18, non-GAAP EPS $1.29.
- LSAG revenue $846M (-10% YoY), ACG $405M (+6% YoY), DGG $407M (-6% YoY).
- Full-year outlook maintained: revenue $6.71B-$6.81B, non-GAAP EPS $5.44-$5.55.
- Q2 revenue guidance $1.56B-$1.59B, non-GAAP EPS $1.17-$1.20, both below Q1 actuals.
- CEO McMullen cites strong execution and long-term growth drivers despite near-term market challenges.