Agilent Technologies Files Q3 2024 10-Q Report
Ticker: A · Form: 10-Q · Filed: Aug 30, 2024 · CIK: 1090872
| Field | Detail |
|---|---|
| Company | Agilent Technologies, Inc. (A) |
| Form Type | 10-Q |
| Filed Date | Aug 30, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Agilent's Q3 2024 10-Q is in. Check financials.
AI Summary
Agilent Technologies, Inc. filed its 10-Q for the period ending July 31, 2024. The company reported its financial results for the third quarter of its fiscal year, which ends on October 31, 2024. Key financial data and business operations for the period are detailed in the filing.
Why It Matters
This filing provides investors and analysts with the latest financial performance and operational details for Agilent Technologies, influencing investment decisions and market perception.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Players & Entities
- AGILENT TECHNOLOGIES, INC. (company) — Filer
- 20240731 (date) — Period of Report
- 20240830 (date) — Filed as of Date
- October 31 2024 (date) — Fiscal Year End
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20240731, meaning the filing covers the period ending July 31, 2024.
When was this 10-Q filed with the SEC?
The filing was made on 20240830, and it was Filed As Of Date 20240830.
What is Agilent Technologies' fiscal year end?
Agilent Technologies' fiscal year ends on October 31.
What is the company's primary industry classification?
The Standard Industrial Classification is 'LABORATORY ANALYTICAL INSTRUMENTS [3826]'.
What is the company's business address?
The business address is 5301 STEVENS CREEK BLVD, SANTA CLARA, CA 95051.
Filing Stats: 4,845 words · 19 min read · ~16 pages · Grade level 16.7 · Accepted 2024-08-29 18:51:17
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value A New York Stock Exchange I
Filing Documents
- a-20240731.htm (10-Q) — 2130KB
- a-07312024xex311.htm (EX-31.1) — 12KB
- a-07312024xex312.htm (EX-31.2) — 12KB
- a-07312024xex321.htm (EX-32.1) — 6KB
- a-07312024xex322.htm (EX-32.2) — 5KB
- 0001090872-24-000033.txt ( ) — 11588KB
- a-20240731.xsd (EX-101.SCH) — 53KB
- a-20240731_cal.xml (EX-101.CAL) — 61KB
- a-20240731_def.xml (EX-101.DEF) — 553KB
- a-20240731_lab.xml (EX-101.LAB) — 873KB
- a-20240731_pre.xml (EX-101.PRE) — 719KB
- a-20240731_htm.xml (XML) — 2074KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 35 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 51 Item 4.
Controls and Procedures
Controls and Procedures 52 Part II. Other Information 53 Item 1.
Legal Proceedings
Legal Proceedings 53 Item 1A.
Risk Factors
Risk Factors 53 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 66 Item 5. Other Information 66 Item 6. Exhibits 67 Signature 68 2 Table of Contents
— FINANCIAL INFORMATION
PART I — FINANCIAL INFORMATION
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) AGILENT TECHNOLOGIES, INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (in millions, except per share data) (Unaudited) Three Months Ended Nine Months Ended July 31, July 31, 2024 2023 2024 2023 Net revenue: Products $ 1,121 $ 1,222 $ 3,455 $ 3,819 Services and other 457 450 1,354 1,326 Total net revenue 1,578 1,672 4,809 5,145 Costs and expenses: Cost of products 491 784 1,486 1,890 Cost of services and other 232 230 704 705 Total costs 723 1,014 2,190 2,595 Research and development 127 118 368 367 Selling, general and administrative 395 407 1,171 1,241 Total costs and expenses 1,245 1,539 3,729 4,203 Income from operations 333 133 1,080 942 Interest income 19 13 56 34 Interest expense ( 22 ) ( 24 ) ( 64 ) ( 73 ) Other income (expense), net 13 10 48 16 Income before taxes 343 132 1,120 919 Provision for income taxes 61 21 182 154 Net income $ 282 $ 111 $ 938 $ 765 Net income per share: Basic $ 0.97 $ 0.38 $ 3.21 $ 2.59 Diluted $ 0.97 $ 0.38 $ 3.20 $ 2.58 Weighted average shares used in computing net income per share: Basic 290 294 292 295 Diluted 291 295 293 296 The accompanying notes are an integral part of these condensed consolidated financial statements. 3 Table of Contents AGILENT TECHNOLOGIES, INC. CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (in millions) (Unaudited) Three Months Ended Nine Months Ended July 31, July 31, 2024 2023 2024 2023 Net income $ 282 $ 111 $ 938 $ 765 Other comprehensive income (loss): Unrealized gain (loss) on derivative instruments, net of tax expense (benefit) of $ 0 , $ 0 , $( 1 ) and $( 5 ) ( 3 ) 2 ( 3 ) ( 13 ) Amounts reclassified into earnings related to derivative instruments, net of tax expense (benefit) of $( 1 ), $ 1 , $( 2 ) and $ 0 ( 2 ) 1 ( 5 ) — Foreign currency translation, net of tax expense (benefit) of $ 0 , $( 1 ), $ 0 and $( 2 ) 13 9 10 87 Net defined benefit pension co