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Agilent Technologies (NYSE: A) announced its financial results for the first quarter of 2023, reporting an increase in revenue and adjusted profit.
The Santa Clara, California-based medical device company said first-quarter profit, on an adjusted basis, rose to $1.37 per share from $1.21 per share in the year-ago period.
Unadjusted net income was up to $352 million or $1.19 per share from $283 million or $0.93 per share in the corresponding quarter of 2019. At $1.76 billion, revenue was up 5% from last year.
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“The Agilent team made an excellent start in 2023 with broad growth in end markets and geographic areas. This positive result reflects the resilience and resilience of our diversified business and puts us in a solid position for the year ahead,” said the CEO. Agilent Mike McMullen.
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