Agilent Technologies stock experiences decline as company revises guidance amid slower market recovery. Q2 revenue reported at $1.57B, with EPS at $1.22. CEO acknowledges resilience of business in challenging times. #AgilentTechnologies #StockMarket #BusinessNews
$A Agilent down 14% after hours on cutting FY24 EPS view to $5.15 vs prior $5.44-5.55 https://t.co/JAzuF7E2dp
$A Agilent beats, but guidance disappoints. "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." -14% AH https://t.co/OL9UqTOeES
Agilent Technologies reports second-quarter fiscal year 2024 financial results, beating on EPS but missing on revenues. The CEO acknowledges the slower market improvement and plans to streamline the cost structure. The stock drops 14% after hours due to disappointing guidance and a cut in FY24 EPS view.