Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Agilent Technologies reports mixed results for Q2, beating on EPS but missing on revenues. The company's CEO acknowledges a slower market improvement than expected and announces cost-cutting measures. Agilent's stock plunges by 14% after-hours due to lowered FY24 EPS guidance to $5.15 from the prior range of $5.44-$5.55. Despite the Q2 revenue of $1.57B and EPS of $1.22, the company faces a decline as it revises its full-year guidance amid a sluggish market recovery.
Agilent $A getting slammed today despite beating Q2 earnings. -7.5% drop on guidance that fell short of Wall Street's lofty expectations. Is this an overreaction? Or is the guidance story truly the tail wagging the dog these days? @MXLESQ @ryanmastro5 Rebel's Edge 🏴☠️ 1pm #stocks… https://t.co/sS80DoSbtI
$A (-13.4% pre) Agilent Technologies Stock Sinks After Company Cuts Guidance To Reflect Slower Market Recovery - BZ https://t.co/fNTgPS8POj
Agilent Technologies Lowers Full-Year Guidance as Q2 Revenues Drop 8 Percent https://t.co/s2ngHf1gFd