8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Aug 15, 2012)

Filed August 15, 2012For Securities:A

Summary

Agilent Technologies, Inc. (Agilent) filed a Form 8-K on August 15, 2012, to announce its financial results for the third fiscal quarter ended July 31, 2012. The report primarily consists of a press release containing these results, which are presented on both a GAAP and non-GAAP basis. Agilent emphasizes its use of non-GAAP measures to provide a clearer view of operational performance and core financial health, allowing investors to better understand the company's results 'through the eyes of management'. Investors should note that the non-GAAP information presented excludes certain items, such as restructuring and amortization costs, which can materially impact earnings. While these excluded items are monitored by management for operational control, they are not used to measure ongoing operational performance. The company states that its non-GAAP methodology may differ from that of other companies, and further explanations are available in the provided press release.

Key Highlights

  • 1Agilent Technologies announced its Q3 fiscal year 2012 financial results via an 8-K filing on August 15, 2012.
  • 2The filing includes a press release detailing the company's financial performance for the quarter ended July 31, 2012.
  • 3Agilent utilizes and provides non-GAAP financial information alongside GAAP results.
  • 4The company states that non-GAAP measures offer supplemental insights into operational performance and future prospects.
  • 5Non-GAAP figures exclude items like restructuring and amortization expenses.
  • 6Agilent's management uses non-GAAP measures internally for performance assessment and comparisons.
  • 7Investors are advised that Agilent's non-GAAP reporting may differ from that of other companies.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly announce Agilent Technologies' financial results for its third fiscal quarter ended July 31, 2012, through an attached press release.

Agilent provides non-GAAP financial information to offer supplemental insights into its operational performance and to enhance investors' understanding of the company's core financial performance and future prospects, as viewed by management.

Agilent's non-GAAP financial results exclude items that may have a material effect on earnings, such as restructuring and amortization expenses. Management monitors these items but does not use them to measure ongoing operational performance.

Agilent notes that the non-GAAP information it provides may differ from the non-GAAP information provided by other companies, suggesting that direct comparisons may not always be appropriate without further analysis.