Agilent Technologies revenue up 3% at $1.73 billion in Q2 FY12

Telecom Lead America: Test and Measurement major Agilent
Technologies has posted revenues of $1.73 billion for the second quarter, up 3
percent as compared to $1.67 billion for the same quarter a year earlier.

The company reported net income of $255 million for the
second-quarter, against net income of $200 million a year earlier.


The company posted $876 million revenue for its
Electronic Measurement segment for Q2 FY12, up 5 percent, as compared to $834
million for Q1 FY11.


From its Life Sciences segment, the company earned
revenues of $469 million in Q2 2012, up 1 percent against $464 a year earlier.
On the other hand, Chemical Analysis fetched $388 million revenue, up 2 percent
against $381 million for Q2 FY11.


During the second quarter, Agilent had intangible
amortization of $26 million, transformational charges of $8 million, and
acquisition and integration costs of $6 million.


The company also recognized a tax benefit of $11
million. Excluding these items and $9 million of other net benefits, Agilent
reported second-quarter adjusted net income of $275 million, or $0.78 per


Our second-quarter performance demonstrated our ability
to deliver strong results despite a challenging economic climate,” said Bill
Sullivan, Agilent president and CEO.


Second-quarter ROIC was 26 percent. Agilent generated
$353 million of cash from operations in the quarter.


For Q3 FY12, the company expects revenues in the range of
$1.77 billion to $1.79 billion. Fiscal third-quarter non-GAAP earnings are
expected to be in the range of $0.82 to $0.84 per share.


Agilent expects full fiscal-year 2012 revenue of $6.94
billion – $7.00 billion, and a tightened range of non-GAAP earnings of $3.18 –
$3.24 per share.


Agilent Technologies launches dual-channel PXI vector signal


Recently, Agilent Technologies launched dual-channel PXI vector
signal analyzer, which is available in a single-channel configuration for
$66,235 and a dual-channel configuration for $132,470.

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