8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Feb 13, 2014)

Filed February 13, 2014For Securities:A

Summary

Agilent Technologies, Inc. announced its financial results for the first fiscal quarter ended January 31, 2014, via a press release furnished with this 8-K filing. The report highlights the company's use of non-GAAP financial information to offer investors a clearer view of operational performance, supplementing the standard GAAP reporting. Management believes these non-GAAP measures, which exclude items like restructuring and amortization, provide a better understanding of core financial performance and future prospects, allowing for meaningful comparisons to historical results and competitors. While the specific financial figures are detailed in the attached press release (Exhibit 99.1), the company's emphasis on non-GAAP reporting indicates a focus on underlying business trends. Investors should review the detailed non-GAAP reconciliations provided in the exhibit to fully understand the adjustments made and how they impact the reported earnings, as these measures may differ from those presented by other companies.

Key Highlights

  • 1Agilent Technologies reported Q1 fiscal 2014 financial results on February 13, 2014.
  • 2The company is furnishing non-GAAP financial information alongside GAAP results.
  • 3Non-GAAP measures are intended to provide supplemental insights into operational performance.
  • 4Items excluded from non-GAAP calculations include restructuring charges and amortization.
  • 5Management uses non-GAAP metrics to assess core business performance and for comparability.
  • 6Investors are encouraged to review the detailed non-GAAP reconciliation in Exhibit 99.1.
  • 7The press release announcing these results is provided as Exhibit 99.1.

Frequently Asked Questions

This 8-K filing is primarily to announce Agilent Technologies' financial results for the first fiscal quarter ended January 31, 2014, through an accompanying press release. It also explains the company's use of non-GAAP financial measures.

Agilent provides non-GAAP financial information to offer investors supplemental insights into their operational performance. Management believes these measures, which exclude certain items like restructuring and amortization, help investors better understand the company's core financial performance and future outlook, facilitating comparisons with historical results and competitors.

Non-GAAP measures, as used by Agilent, exclude items such as restructuring charges and amortization that can materially affect expenses and earnings per share calculated under Generally Accepted Accounting Principles (GAAP). While management monitors these excluded items, they are not used for measuring ongoing operating performance.

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