Summary
Agilent Technologies, Inc. filed an 8-K report on February 15, 2012, to announce its financial results for the first fiscal quarter ended January 31, 2012. The filing primarily references a press release (Exhibit 99.1) containing these results. The company emphasizes its use of non-GAAP financial information to provide supplemental insights into operational performance, believing it enhances investor understanding of core financial performance and future prospects. Investors should note that this filing is limited to the announcement of the Q1 2012 results and the company's rationale for using non-GAAP measures. The non-GAAP information presented aims to offer a view of performance excluding items like restructuring and amortization, which management uses for internal comparisons and to assess ongoing operating performance. It is important for investors to review the full press release for detailed financial figures and the specific reconciliation of GAAP to non-GAAP measures.
Key Highlights
- 1Agilent Technologies reported its financial results for the first fiscal quarter ended January 31, 2012.
- 2The company issued a press release (Exhibit 99.1) containing these financial results.
- 3Agilent utilizes non-GAAP financial information to provide supplemental insights into operational performance.
- 4The company believes non-GAAP measures enhance investor understanding of core financial performance and future prospects.
- 5Non-GAAP metrics exclude certain items, such as restructuring and amortization, that may materially affect GAAP earnings per share.
- 6Management uses non-GAAP information for internal performance comparisons and against competitors.
- 7The provided non-GAAP information is not a substitute for GAAP and may differ from that of other companies.