8-KEarnings & ResultsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (Nov 20, 2017)

Filed November 20, 2017For Securities:A

Summary

Agilent Technologies, Inc. filed an 8-K on November 20, 2017, to announce its financial results for the fourth fiscal quarter ended October 31, 2017. The report primarily furnished the contents of a press release (Exhibit 99.1) detailing these results. Agilent emphasized its use of non-GAAP financial information to provide a more insightful view of its operational performance, allowing investors to better understand the core financial results and future prospects as management assesses them. This non-GAAP reporting excludes certain items like restructuring and amortization, which are monitored by management but not used for measuring ongoing operational performance. While the specific financial figures are within the furnished press release, the core purpose of this filing is to communicate Agilent's quarterly performance and its rationale for presenting non-GAAP metrics. Investors are directed to Exhibit 99.1 for the detailed financial data and a comprehensive explanation of the non-GAAP adjustments, which may differ from those presented by other companies. The company's commitment to transparency is highlighted through its consistent reporting of non-GAAP information, aiding in both internal analysis and comparisons with industry peers.

Key Highlights

  • 1Agilent Technologies announced financial results for its fourth fiscal quarter ended October 31, 2017.
  • 2The company utilizes and emphasizes non-GAAP financial measures to provide supplemental insights into operational performance.
  • 3Non-GAAP reporting aims to offer a clearer view of core financial performance and future prospects, aligning with management's assessment methods.
  • 4Key non-GAAP exclusions mentioned include restructuring costs and amortization.
  • 5Detailed financial results and a reconciliation of GAAP to non-GAAP figures are available in Exhibit 99.1.
  • 6Agilent notes that its non-GAAP information may differ from that reported by other companies.
  • 7The filing is furnished, not deemed 'filed' for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Agilent Technologies' financial results for the fourth fiscal quarter ended October 31, 2017, and to furnish the accompanying press release (Exhibit 99.1) that contains these details.

Agilent provides non-GAAP financial information to offer investors supplemental insights into its operational performance and core financial results. The company believes this approach allows investors to better understand performance 'through the eyes' of management, facilitating comparisons with historical results and competitors.

Agilent's non-GAAP measures exclude certain items that may have a material effect on GAAP results, such as restructuring costs and amortization. While management monitors these items, they are not used to measure the company's ongoing operating performance.

The detailed financial results for the fourth fiscal quarter and the reconciliation of GAAP to non-GAAP financial information are provided in Exhibit 99.1, which is attached to this 8-K filing.