8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Feb 14, 2017)

Filed February 14, 2017For Securities:A

Summary

Agilent Technologies, Inc. announced its financial results for the first fiscal quarter ended January 31, 2017, via a press release furnished with this 8-K filing. The company is providing non-GAAP financial information to offer investors a clearer view of its core operational performance and future prospects, as assessed by management. This non-GAAP data excludes certain items like restructuring and amortization costs that can materially impact GAAP earnings, allowing for a focus on ongoing operating performance and comparability with historical results and competitors. Investors should note that the information presented in the press release (Exhibit 99.1) is furnished and not officially filed with the SEC, meaning it does not carry the same legal implications as filed information under Sections 18 of the Securities Exchange Act of 1934 or incorporation by reference in Securities Act filings. While beneficial for understanding management's perspective, this non-GAAP information may differ from GAAP and from non-GAAP measures used by other companies, requiring careful consideration by investors.

Key Highlights

  • 1Agilent Technologies reported Q1 fiscal 2017 financial results on February 14, 2017.
  • 2The company is furnishing non-GAAP financial information alongside GAAP results.
  • 3Non-GAAP measures aim to provide supplemental insight into operational performance by excluding items like restructuring and amortization.
  • 4Management uses non-GAAP metrics to assess ongoing operational performance and for comparisons.
  • 5The disclosed information is furnished and not deemed 'filed' with the SEC, affecting its legal standing.
  • 6Exhibit 99.1 contains the full press release with detailed financial results and non-GAAP explanations.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Agilent Technologies' financial results for the first fiscal quarter ended January 31, 2017, through a furnished press release. It also explains the company's use of non-GAAP financial information.

Agilent provides non-GAAP financial information to offer investors a supplemental view of its core operational performance and future prospects, as seen through the eyes of management. This approach aims to enhance understanding by excluding certain expenses like restructuring and amortization that may not reflect ongoing operational performance.

GAAP (Generally Accepted Accounting Principles) are standard accounting rules. Non-GAAP information is an alternative presentation that excludes certain items, such as restructuring costs and amortization, which management believes do not represent the company's ongoing operating performance. Investors should be aware that non-GAAP measures may differ from GAAP and from those used by other companies.

No, the information in Item 2.02 and Exhibit 99.1 of this 8-K filing is furnished, not 'filed.' This means it does not carry the same legal implications under Section 18 of the Securities Exchange Act of 1934 or get incorporated by reference into other SEC filings.