Corporate Banner
Satellite Banner
Food & Beverage Analysis
Scientific Community
 
Become a Member | Sign in
Home>News>This Article
  News
Return

Agilent Reports Fourth-Quarter Results

Published: Monday, November 18, 2013
Last Updated: Monday, November 18, 2013
Bookmark and Share
Agilent Technologies reported orders up 4 percent over one year ago to $1.83 billion with revenues of $1.72 billion, down 3 percent compared with one year ago.

Fourth-quarter GAAP net income was $211 million, or $0.63 per share. Last year's fourth-quarter GAAP net income was $425 million, or $1.20 per share.

During the fourth quarter, Agilent had intangible amortization of $48 million, integration and transformation costs of $12 million, one-time separation costs of $5 million and a tax benefit of $9 million. Excluding these items and $4 million of other net charges, Agilent reported fourth-quarter adjusted net income of $271 million, or $0.81 per share(1).

Agilent CEO Bill Sullivan said, "We finished the year with a solid quarter, building backlog and exceeding EPS guidance despite challenges in several of our markets. This reflected our ongoing commitment to actively manage expenses and reduce manufacturing costs in a period of economic uncertainty.

"We are now well into the process of splitting Agilent into two companies, as we announced Sept. 19. We expect to complete the separation in early November 2014."

Electronic Measurement fourth-quarter revenues were down 14 percent compared with the prior year. Operating margins were 19 percent, reflecting solid gross margins and good management of spending in response to continuing challenges in the global economy.

Chemical Analysis revenues were up 4 percent compared with a year ago, led by growth in food and energy markets. Operating margins were 25 percent.

Life Sciences and Diagnostics revenues were up 8 percent over a year ago, with strength in pharmaceuticals and diagnostics markets. Operating margins were 19 percent.

Agilent generated $377 million of cash from operations in the quarter. Fourth-quarter ROIC was 17 percent(3).

First-quarter 2014 revenues are expected to be in the range of $1.68 billion to $1.70 billion. First-quarter non-GAAP earnings are expected to be in the range of $0.65 to $0.67 per share(2).

For the full fiscal year 2014, Agilent expects revenue of $6.95 billion to $7.15 billion and non-GAAP earnings of $3.03 to $3.33 per share(2).



Further Information

Join For Free

Access to this exclusive content is for Technology Networks Premium members only.

Join Technology Networks Premium for free access to:

  • Exclusive articles
  • Presentations from international conferences
  • Over 2,900+ scientific posters on ePosters
  • More than 4,200+ scientific videos on LabTube
  • 35 community eNewsletters


Sign In



Forgotten your details? Click Here
If you are not a member you can join here

*Please note: By logging into TechnologyNetworks.com you agree to accept the use of cookies. To find out more about the cookies we use and how to delete them, see our privacy policy.

Related Content

Agilent Wins Award for Innovation in LC
Dual-needle technology enhances speed, flexibility.
Thursday, January 28, 2016
Agilent to Focus on "Powerful Partnerships, Inspiring Results" at ASMS 2015
Company to introduce solutions enabling new standards in mass spectrometry, lab productivity.
Friday, May 29, 2015
Benefits of SPE for the Analysis of Mycotoxins
Fast and cost-effective sample preparation is essential for the analysis of mycotoxins in food and feed.
Wednesday, January 14, 2015
Agilent, CambTEK Announce LC Sample Prep Agreement
Companies announce agreement to co-market CambTEK's RES automated sample preparation technology with an assortment of Agilent's instruments and software.
Wednesday, February 26, 2014
Agilent and Marine Institute to Host One-day Workshop in Ireland
Research and Technology workshop in Galway, Ireland, on 11 September.
Tuesday, September 03, 2013
Agilent Invites Mass Spec Users to September Training Workshops
International experts to share new findings in food and environmental applications.
Friday, August 30, 2013
Agilent to Present Food Science Data at AOAC Conference and Expo
Key topics to include pesticide analysis, gluten, food allergens, whiskey profiling.
Friday, August 23, 2013
Agilent Recognized as 2013 Laboratory Analytical Instrumentation Company of the Year in China
The company ranked highest in industry for leadership, growth, innovation and customer service by Frost & Sullivan.
Tuesday, August 20, 2013
Agilent to Host Webinars on Food Safety and Quality
Focus will be on GC/MS, LC/MS, ICP-MS measurement solutions for food adulteration, biotoxins, veterinary drugs and trace metals.
Tuesday, March 12, 2013
Agilent Acquires Chromatography Provider Aurora
Agilent Technologies Inc. has acquired the assets of Aurora SFC Systems, Inc., a provider of supercritical fluid chromatography products for laboratory research and analysis.
Tuesday, August 28, 2012
Agilent Technologies Reports Third-Quarter 2012 Results
Revenues were $1.72 billion for the third fiscal quarter ended July 31, 2012, 2 percent above one year ago.
Thursday, August 16, 2012
FDA, UC Davis, Agilent Technologies and CDC to Create Publicly Available Food Pathogen Genome Database
Genetic code sequencing of 100,000 food pathogens will provide roadmap to help identify causes of outbreaks.
Friday, July 13, 2012
Agilent Announces Recipients of its Latest Thought Leader Award
Thought Leader award supports Dr. Jens Frisvad’s work in food safety at Technical University of Denmark.
Tuesday, June 12, 2012
Agilent and Universiti Putra Malaysia to Collaborate on Halal Food Research
Agilent will provide HPRI with the Agilent 6490 triple quadrupole LC/MS system.
Friday, April 06, 2012
Agilent Technologies and FDA Collaborate to Improve Testing for Salmonella
Project also seeks to develop better tools to test truth of seafood labels.
Monday, March 26, 2012
Scientific News
Chemical Used to Replace BPA is Potentially Toxic
This study is the first to examine the effects of BPA and BPS on brain cells and genes that control the growth and function of organs involved in reproduction.
Toxic Pollutants Found in Fish Across the World's Oceans
Scripps researchers' analysis shows highly variable pollutant concentrations in fish meat.
Weight-loss Supplements Containing Raspberry Ketone May Be Harmful
New study by the researchers suggests that raspberry ketone may have several adverse effects.
Quantifying C. botulinum Spores
A study from the Institute of Food Research has provided new evidence on the background levels of spores of Clostridium botulinum in raw food ingredients that is helping the food industry deliver safe chilled foods more sustainably.
Single Molecule Detection of Contaminants, Explosives or Diseases
A technique that combines the ultrasensitivity of surface-enhanced Raman scattering (SERS) with a slippery surface invented by Penn State researchers will make it feasible to detect single molecules of a number of chemical and biological species from gaseous, liquid or solid samples.
Should I Throw Away Food Once a Fly Has Landed on it?
Flies can be a substantial annoyance and may also be a potential health risk.
New Year, Old Beer
A bottle of Alexander Keith’s beer has been keeping Dal Engineering prof Andrew MacIntosh busy at work this week.
Sensor Detects Toxins Leaching from Plastic
Engineers from Massey University have developed a highly sensitive device able to detect synthetic compounds that leach from plastic food packaging into the contained food or beverage.
New BPA Detection Tests
Scientists from the JRC developed fit-for-purpose analytical methods for the determination of bisphenol A and 12 similar substances (analogues) in food matrices to support possible future monitoring studies.
The MaxSignal Colistin ELISA Test Kit from Bioo Scientific
Kit can help prevent the antibiotic apocalypse by keeping last resort drugs out of the food supply.
SELECTBIO

Skyscraper Banner
Go to LabTube
Go to eposters
 
Access to the latest scientific news
Exclusive articles
Upload and share your posters on ePosters
Latest presentations and webinars
View a library of 1,800+ scientific and medical posters
2,900+ scientific and medical posters
A library of 2,500+ scientific videos on LabTube
4,200+ scientific videos
Close
Premium CrownJOIN TECHNOLOGY NETWORKS PREMIUM FOR FREE!