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Agilent Technologies Inc., originally spun out of Hewlett-Packard in 1999, has evolved into a leading firm in the life sciences and diagnostics sector. The company specializes in creating advanced measurement technologies that serve a vast range of customers across various industries.
The company's core business revolves around three main segments: life science and applied tools, cross lab (which includes consumables and services related to life sciences and applied tools), and diagnostics and genomics. These segments collectively cater to a broad spectrum of markets, including biopharmaceuticals, chemicals, advanced materials, clinical labs, environmental testing, forensics, food safety, academic research, and government-related organizations.
Agilent's geographical reach is extensive, with significant operations in the U.S. and China. The company is committed to addressing global trends impacting human health and the environment and continuously anticipates future scientific needs.
Agilent provides comprehensive laboratory solutions that enhance the efficiency of laboratories, from sample preparation to data interpretation and management. Their instruments, software, services, and consumables are designed to meet the most complex laboratory demands, empowering scientists and researchers worldwide to make impactful discoveries and improvements in various fields.
Recent achievements include advancements in biopharmaceutical technology, collaborations with leading research institutions, and the launch of state-of-the-art diagnostic tools. The company also emphasizes sustainable practices and innovations aimed at improving human health and environmental outcomes.
Agilent Technologies (NYSE: A) introduced new LC/MS and GC/MS mass spectrometers at the 70th ASMS Conference in Minneapolis, showcasing advancements in instrument intelligence that enhance lab operations. The Agilent 6475 triple quadrupole LC/MS offers improved analysis speed, while the 5977C GC/MSD introduces HydroInert technology for hydrogen use as a carrier gas. Agilent aims to facilitate sustainable lab choices through its partnership with My Green Lab. The company generated $6.32 billion in revenue in fiscal 2021, highlighting its strong market position in life sciences and diagnostics.
Agilent Technologies Inc. (NYSE: A) launched MassHunter BioConfirm 12.0 software, enhancing analysis for oligonucleotides in drug development. This update supports high-resolution LC/MS data, significantly improving oligonucleotide purity and sequence confirmation assessments. The software's new features allow researchers to confirm sequences in minutes instead of days, demonstrating Agilent's commitment to biopharma solutions. The software will be showcased at the 70th ASMS Conference in Minneapolis, from June 5-9, 2022.
Agilent Technologies Inc. (NYSE: A) will participate in the Goldman Sachs 43rd Annual Healthcare Conference on June 15 in Rancho Palos Verdes, California. CEO Mike McMullen and CFO Bob McMahon will engage in a fireside chat starting at 10 a.m. PT (1 p.m. ET). Interested parties can access the live event via Agilent’s investor relations website, with a replay available within 24 hours. Agilent is a leader in life sciences and diagnostics, generating $6.32 billion in revenue in fiscal 2021.
Agilent Technologies Inc. (NYSE: A) announced the release of its IVDR Class A instruments, kits, and reagents on May 26, 2022, aligning with the EU's In Vitro Diagnostic Regulation (IVDR). This transition allows labs in the EU to use Agilent products without interruption, enhancing patient safety and regulatory compliance. Agilent's Class A products encompass a wide range of solutions, addressing challenges posed by the COVID pandemic. The company reported $6.32 billion in revenue for fiscal 2021 and boasts a global workforce of 17,000.
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Agilent Technologies Inc. (NYSE: A) has entered a collaboration with APC Ltd. to enhance automated process analysis using liquid chromatography. This partnership aims to deliver innovative workflows that merge analytical and process solutions, supporting the pharmaceutical and biopharmaceutical industries in accelerating drug development. Both companies emphasize the importance of continuous manufacturing and online process monitoring, which will be showcased through webinars and application notes featuring Agilent's InfinityLab Online LC and InfinityLab Bio LC portfolio. Agilent generated $6.32 billion in revenue in fiscal 2021.
Agilent Technologies reported a strong second quarter with revenue of $1.61 billion, reflecting a 5% increase year-over-year and 7% growth on a core basis. GAAP net income rose to $274 million or 91 cents per share, marking a 30% increase from Q2 2021. Non-GAAP earnings reached $340 million with an EPS of $1.13, up 16% year-over-year. The company raised its full-year revenue guidance to between $6.67 billion and $6.73 billion, projecting core growth of 8% to 9% and non-GAAP EPS of $4.86 to $4.93.
Agilent Technologies (NYSE: A) has declared a quarterly dividend of 21 cents per share, payable on July 27, 2022, to shareholders of record as of July 5, 2022. The future timing and amount of dividends will be subject to approval by Agilent's board of directors. This press release also includes forward-looking statements regarding the company's dividend program and future obligations, which may be affected by various risks and uncertainties. Agilent generated revenue of $6.32 billion in fiscal 2021, employing approximately 17,000 people globally.
Agilent Technologies (NYSE: A) announced that its PD-L1 IHC 22C3 pharmDx is now CE-IVD-marked for use in cervical cancer in Europe. This diagnostic aids in identifying patients eligible for treatment with KEYTRUDA (pembrolizumab), an anti-PD-1 therapy developed by Merck. Cervical cancer is notably prevalent, with approximately 30,447 new cases in Europe in 2020. This expansion allows pathologists to access reliable testing for more patients, enhancing Agilent's position in the diagnostics market for targeted cancer therapies.
Agilent Technologies Inc. (NYSE: A) will release its financial results for the second quarter of fiscal year 2022 on May 24, 2022, after market close. A live webcast of the investor conference call will be held on the same day at 1:30 p.m. PT. Agilent, a leader in life sciences and diagnostics, reported $6.32 billion in revenue for fiscal 2021 and has approximately 17,000 employees globally. A replay of the webcast will be available for 90 days on the company’s investor relations website.
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