Summary
Agilent Technologies, Inc. filed an 8-K on February 15, 2007, to announce its financial results for the first fiscal quarter ended January 31, 2007. The report primarily consists of a press release detailing these results and provides non-GAAP financial information to offer investors a view of the company's core operational performance as seen by management. This non-GAAP disclosure is intended to supplement GAAP results and facilitate a better understanding of ongoing performance and future prospects, by excluding items like restructuring and amortization costs.
Key Highlights
- 1Agilent Technologies announced its first fiscal quarter 2007 financial results on February 15, 2007.
- 2The filing includes a press release (Exhibit 99.1) containing detailed financial outcomes for the quarter ended January 31, 2007.
- 3The company is providing non-GAAP financial information alongside GAAP results.
- 4Non-GAAP measures are used by management to assess operational performance and are intended to enhance investor understanding of core financial performance.
- 5These non-GAAP figures exclude certain items such as restructuring and amortization costs that may materially impact GAAP earnings.
- 6Agilent emphasizes that its non-GAAP information may differ from that of other companies and is not a substitute for GAAP reporting.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce Agilent Technologies' financial results for its first fiscal quarter ended January 31, 2007, through an attached press release.
Agilent provides non-GAAP financial information to offer investors a supplemental view of the company's operational performance, as measured by management. This is intended to provide a clearer understanding of the company's core ongoing financial performance and future prospects by excluding certain non-recurring or non-operational costs like restructuring and amortization.
Agilent's non-GAAP financial measures typically exclude items that may have a material effect on expenses and earnings per share calculated under GAAP, such as restructuring charges and amortization expenses. These items are monitored by management for accounting purposes but are not used to measure ongoing operating performance.
The detailed financial results for the first fiscal quarter ended January 31, 2007, are provided in the press release attached as Exhibit 99.1 to this Form 8-K filing.