Categories AlphaGraphs, Earnings, Technology

Agilent (A) Q3 earnings rise, beat forecast; revenue down 1%

Agilent Technologies (NYSE: A) reported third-quarter results Tuesday after the closing bell. Earnings increased from last year and surpassed the forecast. The stock traded higher immediately after the announcement.

Agilent Q3 2020 Earnings Infographic

The Santa Clara, California-based tech firm said its third-quarter profit, on an unadjusted basis, rose to $0.78 per share from $0.76 per share in the year-ago period and came in above the market’s projection.

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.


Looking forward to listening to management/analysts’ comments on Q3 results? Stay tuned here for Agilent’s Q3 2020 earnings call transcript


Agilent’s shares moved up during Tuesday’s extended trading, after closing the regular session higher. The stock has gained 41% since last year.

Also Read:  Momo Inc. (MOMO) Q2 2020 Earnings Call Transcript

Most Popular

COVID-19 drove retailers up the digital path years ahead than anticipated

Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how the acceleration of online shopping led many of them to

Snowflake (SNOW) creates a record as the most successful software IPO ever; stock more than doubles

Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by capturing, analyzing, and mobilizing data. The public cloud is becoming

Adobe (ADBE) sees new tailwinds as virtual shift gathers steam

The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital content solutions. The company has remained unaffected by the virus-related

Top