Agilent Technologies (NYSE: A) reported its second quarter 2020 earnings results, which surpassed the market’s estimates. The company posted non-GAAP earnings of $0.71 per share on revenue of $1.24 billion. Analysts had expected Agilent to earn $0.61 per share on revenue of $1.21 billion. Agilent stock was trading up about 4% immediately after the earnings announcement.
On a GAAP basis, net income dropped to $101 million or $0.32 per share from $182 million or $0.57 per share in the second quarter of 2019.
The Santa Clara, California-based company withdrew its second quarter and fiscal 2020 outlook last month due to the uncertainty of the impact of the COVID-19 pandemic on its financial and operating results.
When Warren Buffett dumped airline stocks suffering massive losses three weeks ago, he probably overlooked one key aspect about the industry – that no amount of restrictions will kill people’s
Alibaba Group Holding Ltd (NYSE: BABA) is striving to regain strength after falling sharply last week, ahead of fourth-quarter earnings. The positive results failed to impress stakeholders as market sentiment
The US is now back in the ring with its nemesis China for the second round. This time, the US administration has wasted no time in delivering a massive blow,