SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Agilent Technologies Inc. (A) on Wednesday reported fiscal third-quarter profit of $282 million.
The Santa Clara, California-based company said it had net income of 97 cents per share. Earnings, adjusted for restructuring costs and amortization costs, came to $1.32 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The scientific instrument maker posted revenue of $1.58 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.56 billion.
For the current quarter ending in October, Agilent expects its per-share earnings to range from $1.38 to $1.42.
The company said it expects revenue in the range of $1.64 billion to $1.69 billion for the fiscal fourth quarter.
Agilent expects full-year earnings in the range of $5.21 to $5.25 per share, with revenue ranging from $6.45 billion to $6.5 billion.
Agilent shares have risen nearly 1% since the beginning of the year, while the S&P’s 500 index has climbed 18%. In the final minutes of trading on Wednesday, shares hit $139.95, a rise of 18% in the last 12 months.
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