8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Aug 15, 2011)

Filed August 15, 2011For Securities:A

Summary

Agilent Technologies, Inc. (A) filed an 8-K on August 15, 2011, primarily to announce its financial results for the third fiscal quarter ended July 31, 2011. The report includes a press release detailing these results, which is furnished as an exhibit. Notably, Agilent emphasizes its use of non-GAAP financial information to provide a clearer view of its operational performance and core financial condition, presenting these alongside GAAP figures. This approach aims to offer investors a better understanding of the company's performance by excluding certain items like restructuring and amortization, which management uses internally for operational decision-making and comparisons. The focus of this filing is on the transparency and supplemental nature of the non-GAAP reporting. Agilent believes this methodology enhances investor understanding of the company's ongoing operational performance and prospects, allowing for more direct comparisons to historical results and those of its competitors. Investors should review the accompanying press release (Exhibit 99.1) for detailed financial performance figures and the specific reconciliation of non-GAAP measures to GAAP.

Key Highlights

  • 1Agilent Technologies announced its Q3 2011 financial results on August 15, 2011, via an 8-K filing.
  • 2The filing includes a press release (Exhibit 99.1) detailing the financial performance for the quarter ended July 31, 2011.
  • 3Agilent utilizes and presents non-GAAP financial information to supplement its GAAP reporting.
  • 4The company uses non-GAAP measures to provide investors with a clearer view of operational performance and future prospects.
  • 5Non-GAAP figures exclude items such as restructuring and amortization, which are monitored but not used by management for ongoing operational performance assessment.
  • 6Agilent believes its non-GAAP approach enhances comparability with historical results and competitors.
  • 7Investors are directed to Exhibit 99.1 for the full financial details and reconciliation of non-GAAP to GAAP measures.

Frequently Asked Questions

The main purpose of this 8-K filing is to report Agilent Technologies' financial results for the third fiscal quarter ended July 31, 2011, through an accompanying press release furnished as an exhibit.

Agilent presents non-GAAP financial information to provide a supplemental view of its operational performance and enhance investors' understanding of its core financial performance and future prospects. Management uses these measures internally for decision-making and comparisons.

Agilent's non-GAAP reporting excludes certain expenses that may materially affect GAAP earnings per share, such as restructuring and amortization costs. These items are monitored by management but not used to measure ongoing operating performance.

The detailed financial results, including the reconciliation of non-GAAP to GAAP figures, are provided in the press release attached as Exhibit 99.1 to this Form 8-K filing.