|
CNBC'S MOST SHARED
- Second Half: Wait For Pullbacks, Then Buy the Best
- Discover Shares Fall on Word of Stock Offering
- California General Obligation Bond Rating Cut
- GM to Get Final $20 Billlion From US This Year
- Goldman Sees No Harm From Computer Programmer
- World Trade Center Developer Threatens Arbitration
- The Weirdest Currencies on Earth
- Judge Gives Control of Jackson Estate to Executors
- Recession Special: Wine Cheaper Than Water!
- March Lows Will Hold — So Buy Equities: Strategists
- Lacoste Runs Full Page Ad With Roddick Loss
- Brandt: Bing, The Little Search Engine That Couldn't
- 5-Star Manager's 5 Top Stocks
- Hey, What's Up Doc?
- Busch: Summertime Blues Hits Investors
- Chadwick: Recession and Scandals Pave the Way for Romney 2012
- Art Cashin: The S&P's 'Head and Shoulders' Number
- Michael Jackson: Death And Taxes
Text Size 
Agilent Technologies on Tuesday posted third-quarter net earnings of $185 million, or 45 cents per share, down from $227 million, or 54 cents per share, during the same quarter a year ago.
Shares of the company plummetted more than 12.5 percent after U.S. markets closed Tuesday.
Excluding share-based compensation expense and $18 million of tax and other net benefits, the measurement-equipment maker [A
Loading...
()
] reported third quarter adjusted net income of $194 million, or 48 cents per share.
The Santa Clara, Calif.-based company reported revenue during the quarter of $1.37 billion, 11 percent above last year's third quarter but just below the company's forecast. Orders for the three months ended July 31, 2007 were $1.31 billion, 7 percent above the year-ago quarter.
A Thomson Financial analyst survey had called for a profit of 49 cents per share, on revenue of $1.39 billion.
"Agilent met its aggressive performance targets, despite very divergent market trends during the third quarter," Bill Sullivan, Agilent president and chief executive, said in a statement.
"Bio-analytical markets were strong across the board, and the performance of our segment was even more robust," Sullivan said. "Electronic measurement markets were solid in the Americas and Europe, but surprisingly weak in Asia, particularly Japan."
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes