8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (May 14, 2009)

Filed May 14, 2009For Securities:A

Summary

Agilent Technologies, Inc. filed an 8-K on May 14, 2009, to announce its financial results for the second fiscal quarter ended April 30, 2009. The filing primarily references a press release (Exhibit 99.1) which contains these results. A significant portion of the filing is dedicated to explaining the company's use of non-GAAP financial measures, emphasizing that these are provided to offer supplemental insights into operational performance and enhance investor understanding of core financial performance and future prospects. Investors should note that the non-GAAP figures exclude items such as restructuring and amortization, which can materially impact GAAP earnings per share. Agilent uses these non-GAAP measures internally for performance measurement and comparisons, believing they provide greater transparency into management's financial and operational decision-making. The company states that this approach is consistent with its historical reporting practices and allows for comparability with industry peers.

Key Highlights

  • 1Agilent Technologies announced its financial results for the second fiscal quarter ended April 30, 2009, via an 8-K filing.
  • 2The primary content of the filing is a press release detailing the company's financial performance.
  • 3The company provides a detailed explanation of its use of non-GAAP financial measures.
  • 4Non-GAAP measures are presented to offer supplemental insights into operational performance and future prospects.
  • 5Key items excluded from non-GAAP calculations include restructuring costs and amortization.
  • 6Management uses non-GAAP figures for internal performance evaluation and comparison with competitors.
  • 7The non-GAAP information is not a substitute for GAAP reporting and may differ from other companies' non-GAAP reporting.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce Agilent Technologies' financial results for the second fiscal quarter ended April 30, 2009, through an accompanying press release.

Agilent provides non-GAAP financial information to offer supplemental insights into its operational performance, enhance investors' understanding of core financial performance, and present results 'through the eyes' of management, allowing for better comparison to historical results and competitors.

Agilent's non-GAAP financial measures typically exclude items such as restructuring costs and amortization, which can have a material effect on expenses and earnings per share calculated according to GAAP.

No, the non-GAAP information is not considered a substitute for or an alternative to generally accepted accounting principles (GAAP) in the United States. It is supplemental information provided for enhanced understanding.