Agilent Technologies (A) Revenue — Quarter Ended Jan 31, 2024
Revenue declined compared to both the prior quarter and the same quarter last year. The decrease was driven by lower product revenue, partially offset by growth in services and other revenue.
Key takeaway
Quarter ended Jan 31, 2024 · FY2024 Q1
Revenue declined compared to both the prior quarter and the same quarter last year. The decrease was driven by lower product revenue, partially offset by growth in services and other revenue.
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
-1.8%
Change from the immediately preceding quarter.
Year-over-year
-5.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.7B
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 |
|---|---|---|
| Apr 30, 2023 | $1.7B | +6.8% |
| Jul 31, 2023 | $1.7B | -2.7% |
| Oct 31, 2023 | $1.7B | -8.7% |
| Jan 31, 2024 | $1.7B | -5.6% |
Revenue performance
Total revenue decreased from the preceding quarter and from the year-ago period. Product revenue fell, while services and other revenue increased.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Versus the same quarter one year earlier, revenue also declined.
What to watch
Monitor whether the decline in product revenue continues in subsequent quarters.