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Agilent Technologies Stock Sinks After Company Cuts Guidance To Reflect Slower Market Recovery
Agilent Technologies Inc (NYSE:A) shares are falling after the bell on Wednesday following the company’s second-quarter financial results. Agilent revised its full-year outlook to reflect a slower market recovery.
Q2 Revenue: $1.57 billion, versus estimates of $1.58 billion
Q2 EPS: $1.22, versus estimates of $1.19
“In Q2, we delivered on our expectations and showed the resiliency of our diversified business. While we see the market improving, it is improving at a slower pace than anticipated,” said Padraig McDonnell, president and CEO of Agilent.
“We are ...