Agilent Technologies, Inc. · NYSE:A
Agilent Technologies — Q2 2024 Earnings Presentation
8 slides from Agilent Technologies's earnings presentation, May 29, 2024
Slide 1: Agilent Technologies Q2 FY2024 Financial Results Overview
Agilent Technologies Q2 FY2024 Financial Results Overview
Slide 2: Safe Harbor
Safe Harbor These presentations contain forward-looking statements (including, without limitation, information, and future guidance on the company’s goals, priorities, revenue, revenue growth, earnings per share, operating margin, operating cash flow, capital expenditures, capital allocation, growth
Slide 3: Agilent Q2 2024 Results
Agilent Q2 2024 Results Revenue Operating Margin EPS $1.57B 25.1% (2) $1.22 (2) -8.4% reported -50 basis points y/y -4% y/y -7.4% core(1)(2) -0.8% FX, -0.2% M&A Capital Allocation $333M operating cash flow | $230M paid to purchase 1.6M shares | $103M invested in capex | $69M paid in dividends Insigh
Slide 4: Q2 Revenue by Geography, Product Type and Segment
Q2 Revenue by Geography, Product Type and Segment Geography Product Type Segment Americas Europe Consumables Instruments LSAG ACG Services Informatics 27% 25% 35% 41% 48% 65% 32% 27% DGG Asia Pacific 5/29/2024 4 Q2'24 Financial Results Overview
Slide 5: Q2 Revenue by End Market
Q2 Revenue by End Market Q2 Core Growth(1) Results by End Market Chemicals & Academic & Diagnostics & Environmental & Pharma Advanced Food Government Clinical Forensics Materials -11% -12% -2% -3% -13% -2% Softness in A challenging Q2’23 Solid mid-single digit Resilient A very challenging Resilient
Slide 6: Results by Segment
Results by Segment Life Sciences and Applied Markets Group Revenue Growth Operating Margin Insights $754M -14% Reported 24.7%(3) Q2 revenue was in line with expectations as customers continue to be conservative with -13% Core (1)(2) -320 bps y/y capital equipment spending, while growth in consumable
Slide 7: Guidance and Forward-looking Considerations
Guidance and Forward-looking Considerations Based on forecasted currency exchange rates Q3 24 Guidance (1) Low End High End FY 24 Guidance (1) Low End High End Net Revenue ($M) $1,535 $1,575 Net Revenue ($M) $6,420 $6,500 Core Revenue Growth (2) -6.9% -4.5% Core Revenue Growth (2) -5.4% -4.3% -1.2%
Slide 8: Q2'24 Financial Results Overview
5/29/2024 8 Q2'24 Financial Results Overview