Agilent Technologies Inc. issued guidance for the current quarter and increased its full-year outlook after posting higher revenue in its fiscal first quarter.
The Santa Clara, Calif.-based maker of laboratory instruments said fiscal second-quarter revenue is expected to range between $1.6 billion and $1.63 billion. Agilent guided for adjusted earnings per-share between $1.10 a share to $1.12 a share.
The company increased its full-year outlook and said it now expects revenue between $6.67 billion and $6.73 billion for the 2022 fiscal year. Agilent guided for adjusted earnings per-share between $4.80 and $4.90.
“Building on our first-quarter results, combined with a strong order book, we are raising our full-year outlook, increasing our core growth and non-GAAP EPS expectations,” Chief Executive Mike McMullen said in prepared remarks.