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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Agilent Technologies | NYSE:A | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.92 | -0.62% | 146.45 | 147.68 | 145.95 | 147.54 | 756,674 | 19:05:12 |
By Patrick Thomas
Agilent Technologies Inc. (A) reported an increase in its fourth-quarter revenue and profit as the manufacturer said it benefited from introducing new products and worked to differentiate its services.
The Santa Clara, California-based company reported a profit of $195 million, or 61 cents a share, compared with $177 million, or 54 cents a share, a year ago.
Agilent reported adjusted earnings of 81 cents a share. Analysts polled by FactSet were expecting earnings of 66 cents a share, or 74 cents a share on an adjusted basis.
Revenue rose to $1.29 billion from $1.19 billion a year earlier. Analysts had expected $1.25 billion of revenue.
For the year, the company reported revenue increased to $4.91 billion from $4.47 billion a year earlier.
For the 2019 fiscal year, the company said it expects revenue between $5.13 billion and $5.17 billion along with adjusted per-share earnings between $3 and $3.05.
Agilent also said its board had authorized a $1.75 billion share-buyback program.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
November 19, 2018 17:14 ET (22:14 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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