Agilent Raises Annual Revenue Forecast Due to Increased Demand

Reported about 14 hours ago

Agilent Technologies has increased its annual revenue outlook after exceeding quarterly earnings estimates, driven by a resurgence in demand for its medical tools and lab equipment. The company projects revenue between $6.91 billion and $6.93 billion, up from a previous estimate of $6.73 billion to $6.81 billion, and expects profits in line with analyst expectations. This positive outlook comes despite a two-year period of weak orders in the life sciences sector.

Source: YAHOO

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