8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Aug 14, 2006)

Filed August 14, 2006For Securities:A

Summary

Agilent Technologies, Inc. filed an 8-K on August 14, 2006, to report its financial results for the third fiscal quarter ended July 31, 2006. The primary purpose of this filing is to provide investors with the company's earnings press release, which is included as Exhibit 99.1. The company emphasizes its use of non-GAAP financial information to offer supplemental insights into operational performance, core financial condition, and future prospects. Agilent believes this approach allows investors to view results "through the eyes of management" and facilitates better comparisons with historical performance and competitors. Investors should note that Agilent's non-GAAP measures exclude items like restructuring and amortization that can materially impact GAAP earnings. While management monitors these excluded items for expense control and accuracy of GAAP results, they are not used for measuring ongoing operating performance. This distinction is important for investors to understand when evaluating the company's financial health and strategic direction.

Key Highlights

  • 1Agilent Technologies announced its third fiscal quarter financial results for the period ending July 31, 2006.
  • 2The filing primarily consists of the company's earnings press release, provided as Exhibit 99.1.
  • 3Agilent utilizes non-GAAP financial information to provide supplemental insights into its operational performance.
  • 4The company believes non-GAAP measures enhance investor understanding of core financial performance and future prospects.
  • 5Non-GAAP reporting aims to provide a view 'through the eyes of management' for better internal and external comparisons.
  • 6Excluded from non-GAAP measures are items such as restructuring and amortization costs.
  • 7Management uses GAAP results for accurate financial reporting and expense monitoring, while non-GAAP figures reflect ongoing operational performance.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce Agilent Technologies' financial results for its third fiscal quarter ended July 31, 2006, by including the company's earnings press release (Exhibit 99.1).

Agilent uses non-GAAP financial information to offer investors a more meaningful understanding of its operational performance and core financial condition, allowing for better comparisons to historical results and competitors, and providing insight into how management views the company's performance.

Agilent's non-GAAP financial results typically exclude items such as restructuring charges and amortization, which can have a material impact on earnings calculated under Generally Accepted Accounting Principles (GAAP).

No, the non-GAAP information is provided as supplemental data and is not prepared in accordance with GAAP. While it offers management's perspective on performance, investors should also consider the company's GAAP financial results.