November 18, 2003 |
EARNINGS Agilent Technologies Inc., the world's biggest maker of scientific testing gear, had a fourth-quarter profit of $13 million after losses for seven straight periods. Net income equaled 3 cents a share, compared with a net loss of $236 million, or 51 cents, a year earlier. Sales fell 3.5% to $1.68 billion, the Palo Alto, Calif., company said. Agilent benefited from cost cuts and an improving market for semiconductors, Chief Executive Ned Barnholt said. Shares of Agilent added $1.80, or 6.
August 19, 2003 |
Agilent Technologies Inc., a money-losing maker of test equipment, said Monday that it had a wider fiscal third-quarter loss as it cut costs and wrote off deferred tax assets. Its shares rose after Agilent said it would break even or have a profit in the current period. The loss was $1.56 billion, or $3.28 a share, compared with $228 million, or 49 cents, a year earlier, the company said. Sales in the quarter ended July 31 rose 8% to $1.5 billion from $1.39 billion.
February 22, 2003 |
Agilent Technologies Inc., the Palo Alto-based maker of high-tech testing equipment, said Friday that it would cut an additional 4,000 jobs, or more than 11% of its workforce, in an attempt to stem continuing losses. Company executives blamed the harsh financial results on customers deciding not to purchase new equipment. Agilent's customers encompass a diverse group of companies in the communications, electronics and life sciences industries, ranging from chip maker Intel Corp.
February 6, 2003 |
Agilent Technologies Inc., a Palo Alto firm whose testing equipment is used by clients as diverse as chip maker Intel Corp. and drug giant Merck & Co., said Wednesday that its fiscal first-quarter loss was wider than it had forecast because customers postponed purchases. Revenue in the quarter ended Jan. 31 was $1.35 billion to $1.45 billion, down from $1.5 billion to $1.6 billion previously forecast, the company said. The loss, excluding some costs, was 22 to 28 cents a share.
November 19, 2002 |
Agilent Technologies Inc. shares rose during extended trading hours after the maker of testing and measurement equipment said Monday that sales topped forecasts and that it would eliminate 2,500 jobs. The company reported a fourth-quarter loss partly because of severance costs. The net loss was $236 million, or 51 cents a share, in the quarter ended Oct. 31, compared with net income of $197 million, or 43 cents, a year earlier, Agilent said. Sales rose 8.
August 20, 2002 |
Agilent Technologies Inc., a maker of test and measurement equipment, reported a larger-than-expected fiscal third-quarter loss because of weak demand and disruptions caused by a new companywide management system. For the three months ended July 31, the Palo Alto company lost $228 million, or 49 cents a share, compared with a loss of $225 million, or 49 cents, in the same period last year.