Agilent Technologies reports second quarter results at expectations; drive to breakeven continues

5/16/2002 - Agilent Technologies Inc. (NYSE: A) today reported orders of $1.60 billion and revenue of $1.46 billion for the second quarter of the fiscal year 2002 ended April 30, 2002. On an operating earnings before goodwill (EBG) basis, the company lost $112 million, or $0.24 per share, consistent with company expectations of a loss of $0.20 to $0.30 per share on revenues of $1.45 to $1.55 billion. After $95 million of non-cash goodwill and amortization charges and $35 million of restructuring expenses, the net second quarter loss was $253 million, or $0.55 per share.

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