Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (13120)	1/26/2004 5:48:24 PM
From: Kirk ©	Respond to of 95743

Agilent Technologies Expects to Exceed Guidance for First Quarter 2004 Results PALO ALTO, Calif., Jan 26, 2004 (BUSINESS WIRE) -- Agilent Technologies Inc. (NYSE:A) today announced it expects its results for the first fiscal quarter, ending Jan. 31, 2004, to be above the guidance provided in early December. First quarter revenues are now expected to be in the range of $1.63 billion to $1.68 billion, compared to previous guidance of $1.55 billion to $1.65 billion. Earnings before restructuring and amortization charges are now anticipated to be $0.20 to $0.24 per share(1). Prior guidance was for earnings of $0.05 to $0.15 per share. "We have not seen the normal seasonal decline in first quarter activity," said Ned Barnholt, Agilent chairman, president and chief executive officer. "Both semiconductors and semiconductor capital equipment have been particularly strong. We have also been successful bringing the benefits of lower structural costs to Agilent's bottom line." "While the business environment remains volatile, we currently expect Agilent's second quarter earnings before restructuring and amortization charges to be in the range of $0.20 to $0.25 per share(1) on revenues of $1.65 billion to $1.70 billion," said Barnholt. The company will release first fiscal quarter earnings after the market closes on Feb. 17, 2004, and will hold its quarterly conference call at 1:30 p.m. Pacific Time on that date. The company intends to update its guidance for the second quarter and for full year 2004 at that time. About Agilent Technologies Agilent Technologies Inc. (NYSE:A) is a global technology leader in communications, electronics, life sciences and chemical analysis. The company's 28,000 employees serve customers in more than 110 countries. Agilent had net revenue of $6.1 billion in fiscal year 2003. Information about Agilent is available on the Web at www.agilent.com. (1) Agilent's expected range of EPS for first and second quarters excludes restructuring costs and amortization of intangibles. Restructuring costs for first and second quarters cannot be reliably estimated and may be significant. Amortization of intangibles is expected to be about $10 million for Q1 and $5 million for Q2. Pro forma tax rate is assumed to be about 31 percent. GAAP tax rate cannot be reliably estimated. SOURCE: Agilent Technologies Inc. Free Issue of my Newsletter home.netcom.com