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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (31429)	2/20/2001 4:32:06 PM
From: SecularBull	Read Replies (1) \| Respond to of 65232

Agilent Earnings in Line with Its Forecast TUESDAY, FEBRUARY 20, 2001 4:22:00 PM EST PALO ALTO, Calif. (Reuters) - Agilent Technologies Inc. A, the Hewlett-Packard Co. HWP testing equipment spinoff, on Tuesday reported first-quarter earnings that met its target and slightly topped analyst forecasts, citing cost-cutting moves. Agilent operating earnings, before one-time items and amortization of goodwill, rose to $237 million, or 51 cents per diluted share, from $143 million, or 30 cents per share, in the quarter a year ago. Revenue rose to $2.8 billion from $2.2 billion at the firm, which makes microchips, testing and monitoring equipment for telephone and other networks, and biotechnology equipment. Agilent had said last quarter that it was realistic to expect earnings per share of 51 cents, or 45 cents when the effect of goodwill was included. Analysts polled by First Call/Thomson Financial research firm had expected the pro forma earnings, before goodwill and one-time items, of 50 cents per share on revenue of $2.82 billion.