Unadjusted net income moved up to $199 million or $0.64 per share from $191 million or $0.60 per share in the third quarter of 2019. At $1.26 billion, revenues were down 1% from last year but above the estimates.
“Under challenging conditions created by the global COVID-19 pandemic, Agilent again delivered strong results. While the world’s economies are expected to recover at different rates in the fourth quarter, we remain focused on growth and investing for the future, while effectively managing expenses,” said Agilent’s CEO Mike McMullen.
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Agilent’s shares moved up during Tuesday’s extended trading, after closing the regular session higher. The stock has gained 41% since last year.