8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (May 16, 2005)

Filed May 16, 2005For Securities:A

Summary

Agilent Technologies, Inc. (Agilent) filed this Form 8-K on May 16, 2005, to report its financial results for the third quarter of fiscal year 2005, ending April 30, 2005. The filing primarily serves to attach a press release detailing these results, which are presented on both a Generally Accepted Accounting Principles (GAAP) and a non-GAAP basis. Agilent emphasizes its use of non-GAAP measures to provide investors with supplemental information for a better understanding of its core operational performance and future prospects. Investors should note that the press release, furnished as Exhibit 99.1, contains the substantive financial information. Agilent explains that its non-GAAP reporting excludes items like restructuring and amortization, which can materially impact GAAP earnings, to offer a view of performance as monitored by management. This allows for enhanced comparison to historical results and competitors, though it's stated that these non-GAAP measures may differ from those presented by other companies.

Key Highlights

  • 1Agilent Technologies reported its financial results for the three months ended April 30, 2005, via a press release.
  • 2The filing is primarily a notification of the release of financial results, with the detailed results contained in Exhibit 99.1.
  • 3Agilent provides financial information using both GAAP and non-GAAP measures.
  • 4The company states its use of non-GAAP information enhances investor understanding of core operational performance and future prospects.
  • 5Non-GAAP measures exclude items such as restructuring and amortization to provide a view of ongoing operating performance as seen by management.
  • 6Agilent uses non-GAAP metrics for internal comparisons to historical results and competitor performance.
  • 7The non-GAAP information provided by Agilent may differ from that presented by other companies.

Frequently Asked Questions

The primary purpose of this Form 8-K filing is to report Agilent Technologies, Inc.'s financial results for the three months ended April 30, 2005. The actual detailed financial results are provided in the press release attached as Exhibit 99.1.

Yes, Agilent provides financial information on both a Generally Accepted Accounting Principles (GAAP) basis and a non-GAAP basis. They believe the non-GAAP presentation offers supplemental insights into their operational performance.

Agilent's non-GAAP reporting excludes items that may materially affect GAAP earnings and earnings per share, such as restructuring charges and amortization expenses. These are excluded to provide a measure of ongoing operating performance as viewed by management.

Agilent explicitly states that the non-GAAP information they provide may differ from the non-GAAP information presented by other companies. Investors should be aware of this potential variation when making comparisons.