Agilent Technologies (A) Revenue — Quarter Ended Oct 31, 2023
Revenue for the quarter was essentially flat compared to the prior quarter, but declined sharply from the same period last year. The sequential stability masks a significant year-over-year contraction.
Key takeaway
Quarter ended Oct 31, 2023 · FY2023 Q4
Revenue for the quarter was essentially flat compared to the prior quarter, but declined sharply from the same period last year. The sequential stability masks a significant year-over-year contraction.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+1.0%
Change from the immediately preceding quarter.
Year-over-year
-8.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2023 | $1.8B | +4.9% |
| Apr 30, 2023 | $1.7B | +6.8% |
| Jul 31, 2023 | $1.7B | -2.7% |
| Oct 31, 2023 | $1.7B | -8.7% |
Revenue performance
Reported revenue decreased compared to the same quarter one year earlier, continuing a downward trend from the prior quarter's year-over-year decline. The sequential change was slightly positive, indicating a potential stabilization from the previous quarter's drop.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased modestly, reversing the decline seen in the prior sequential period. However, versus the same quarter last year, revenue was notably lower, reflecting a sustained year-over-year weakness.
What to watch
Monitor whether the sequential improvement can be sustained or if year-over-year declines persist in future quarters.