ET 18:02

Agilent Technologies Reports Higher Q2 Profit, Raises Full-Year Outlook

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Agilent Technologies Inc. (A) posted a sharp increase in fiscal second-quarter profit on May 27, 2026, driven by strong demand for its analytical instruments and diagnostics products. The company also raised its earnings forecast for the full year, sending shares higher in after-hours trading. Net income for the quarter ended April 30 climbed to $432 million, or $1.48 per diluted share, compared with $354 million, or $1.19 per share, a year earlier. Adjusted earnings of $1.52 per share topped the average analyst estimate of $1.44, according to a company statement. Revenue rose 8% to $1.81 billion, with double-digit growth in the life sciences and applied markets segment. Agilent lifted its fiscal 2026 adjusted profit guidance to a range of $5.95 to $6.15 per share, up from its prior view of $5.80 to $6.00. The company cited improving academic and government spending trends, along with resilient pharmaceutical demand, as key factors.

EditorLim