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Agilent Technologies Inc. (A) Reports Third-Quarter 2014 Results


8/15/2014 8:33:45 AM

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SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies Inc. (NYSE: A) today reported orders of $1.74 billion, up 9 percent over one year ago, for the third fiscal quarter ended July 31, 2014, and revenues of $1.77 billion, up 7 percent compared with one year ago. Third-quarter GAAP net income was $147 million, or $0.43 per share. Last year’s third-quarter GAAP net income was $168 million, or $0.49 per share.

During the third quarter, Agilent had pre-separation costs of $62 million, intangible amortization of $50 million, a net loss on extinguishment of debt of $21 million, and a tax benefit of $14 million. Excluding these items and $4 million of other net benefits, Agilent reported third-quarter adjusted net income of $262 million, or $0.78 per share(1).

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