Agilent Technologies (A) Revenue — Quarter Ended Apr 30, 2024
Revenue declined compared with both the prior quarter and the same quarter a year earlier. The decrease reflects lower product revenue, while services and other revenue remained relatively stable.
Key takeaway
Quarter ended Apr 30, 2024 · FY2024 Q2
Revenue declined compared with both the prior quarter and the same quarter a year earlier. The decrease reflects lower product revenue, while services and other revenue remained relatively stable.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
-5.1%
Change from the immediately preceding quarter.
Year-over-year
-8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 |
|---|---|---|
| Jul 31, 2023 | $1.7B | -2.7% |
| Oct 31, 2023 | $1.7B | -8.7% |
| Jan 31, 2024 | $1.7B | -5.6% |
| Apr 30, 2024 | $1.6B | -8.4% |
Revenue performance
Total net revenue decreased from the immediately preceding quarter and from the same quarter one year ago. Product revenue fell, while services and other revenue was nearly flat year over year.
Quarterly comparison
Compared with the prior quarter, revenue contracted, continuing a trend of sequential declines seen in recent periods. Versus the same quarter last year, the drop was more pronounced, driven by a larger decline in product sales.
What to watch
Monitor whether the downward trend in product revenue stabilizes or reverses in upcoming quarters.