8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (May 14, 2014)

Filed May 14, 2014For Securities:A

Summary

Agilent Technologies, Inc. has filed an 8-K report on May 14, 2014, to announce its financial results for the second fiscal quarter ended April 30, 2014. The report primarily furnishes a press release (Exhibit 99.1) detailing these results and provides an explanation of the company's use of non-GAAP financial measures. Agilent emphasizes that these non-GAAP measures are presented to offer investors a clearer view of operational performance and future prospects, allowing for better understanding of the company's core financial health through management's perspective. The company explains that while GAAP results are important, non-GAAP figures exclude items like restructuring and amortization. These exclusions are used by management for internal performance monitoring and comparison to historical results and competitors, but are not the primary basis for ongoing operational assessment. Investors are advised that these non-GAAP metrics may differ from those reported by other companies and are not a substitute for GAAP-compliant reporting.

Key Highlights

  • 1Agilent Technologies announced Q2 fiscal year 2014 financial results via an 8-K filing on May 14, 2014.
  • 2The filing includes a press release (Exhibit 99.1) with detailed financial results for the quarter ended April 30, 2014.
  • 3The company provided non-GAAP financial information to supplement GAAP results.
  • 4Non-GAAP measures are intended to provide investors with insight into operational performance and future prospects as viewed by management.
  • 5Key exclusions in non-GAAP reporting include restructuring and amortization costs.
  • 6Management uses non-GAAP figures for internal performance comparisons against historical data and competitors.
  • 7Agilent cautions that its non-GAAP information may not be comparable to other companies' non-GAAP reporting.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Agilent Technologies' financial results for the second fiscal quarter ended April 30, 2014, and to provide investors with supplementary financial information through a press release.

Agilent presents non-GAAP financial information to offer investors a supplemental view of its operational performance and core financial health, as management uses these measures internally for decision-making and comparisons. This helps investors understand the results 'through the eyes of management'.

Agilent's non-GAAP financial results typically exclude items such as restructuring costs and amortization, which are considered by management not to reflect the company's ongoing operational performance.

No, investors should consider both the GAAP (Generally Accepted Accounting Principles) and non-GAAP financial information. The non-GAAP measures are presented as supplemental information and are not intended as a substitute for GAAP-compliant reporting. Investors should also be aware that Agilent's non-GAAP figures may not be directly comparable to those of other companies.