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Agilent Technologies Cuts First-Quarter Financial Results

Agilent Technologies (A) reported first-quarter earnings of $348 million ($1.18 per share), down from $352 million ($1.19 per share) a year earlier. Operating income was $1.29 per share. Revenue for the period fell to $1.66 billion from $1.76 billion. The company had expected earnings of $1.22 per share on revenue of $1.57 billion. Agilent Technologies expects earnings of $1.17 to $1.20 per share for the current quarter.

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