8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Feb 12, 2010)

Filed February 12, 2010For Securities:A

Summary

Agilent Technologies, Inc. filed an 8-K report on February 12, 2010, to announce its financial results for the first fiscal quarter ended January 31, 2010. The report primarily directs investors to a press release (Exhibit 99.1) containing these results, which include both GAAP and non-GAAP financial information. The company emphasizes its use of non-GAAP measures to provide a clearer view of operational performance and enhance investor understanding of core financial performance and future prospects, stating that these metrics are used by management for internal and competitor comparisons. Investors should note that the non-GAAP information excludes certain items like restructuring and amortization that can materially impact GAAP earnings. Agilent aims for transparency by offering these supplemental metrics, which may differ from those reported by other companies. The filing serves as notification of these results and an indication that detailed financial performance data is available in the accompanying press release.

Key Highlights

  • 1Agilent Technologies announced first fiscal quarter 2010 financial results on February 12, 2010.
  • 2The primary purpose of the 8-K filing is to provide investors with access to the Q1 2010 earnings press release (Exhibit 99.1).
  • 3The company utilizes non-GAAP financial measures alongside GAAP results to offer supplemental insights into operational performance.
  • 4Non-GAAP measures are intended to enhance investor understanding of core financial performance and future prospects.
  • 5Management uses non-GAAP metrics for internal performance tracking and comparisons with competitors.
  • 6Excluded items in non-GAAP calculations include restructuring and amortization, which are noted as potentially material to GAAP earnings.
  • 7Agilent cautions that its non-GAAP information may not be directly comparable to that of other companies.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce Agilent Technologies' financial results for the first fiscal quarter ended January 31, 2010, and to provide investors with access to the accompanying press release (Exhibit 99.1) which contains the detailed financial information.

Non-GAAP financial measures are financial metrics that exclude certain items from the standard GAAP (Generally Accepted Accounting Principles) calculation, such as restructuring costs and amortization. Agilent uses these measures to provide a more meaningful view of their operational performance and to help investors better understand their core financial performance and future outlook, as these are metrics management uses internally.

This 8-K filing itself does not detail the specific financial results. Instead, it references Exhibit 99.1, a press release, which contains the detailed financial results for the first fiscal quarter ended January 31, 2010, including both GAAP and non-GAAP figures.

Agilent states that the non-GAAP information they provide may be different from the non-GAAP information provided by other companies. Investors should exercise caution and review the specific definitions and exclusions made by Agilent in their press release when making comparisons.