Exhibit 99.1
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AGILENT TECHNOLOGIES, INC. |
LIFE SCIENCES AND APPLIED MARKETS GROUP |
(Unaudited) |
|
| | | | | | | | | | | |
(In millions, except margins data) | | 2014 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 489 |
| | $ | 502 |
| | $ | 527 |
| | $ | 620 |
| | $ | 2,138 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 537 |
| | $ | 495 |
| | $ | 507 |
| | $ | 539 |
| | $ | 2,078 |
|
| | | | | | | | | | | |
| Gross margin | | 56.2 | % | | 54.4 | % | | 55.2 | % | | 57.1 | % | | 55.8 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 105 |
| | $ | 71 |
| | $ | 84 |
| | $ | 109 |
| | $ | 369 |
|
| | | | | | | | | | | |
| Operating margin % | | 19.6 | % | | 14.2 | % | | 16.5 | % | | 20.2 | % | | 17.7 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 2,184 |
| | $ | 2,189 |
| | $ | 2,195 |
| | $ | 2,209 |
| | |
| | | | | | | | | | | |
| | | 2013 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 483 |
| | $ | 497 |
| | $ | 485 |
| | $ | 580 |
| | $ | 2,045 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 511 |
| | $ | 508 |
| | $ | 489 |
| | $ | 527 |
| | $ | 2,035 |
|
| | | | | | | | | | | |
| Gross margin | | 54.2 | % | | 53.2 | % | | 52.6 | % | | 55.3 | % | | 53.9 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 83 |
| | $ | 79 |
| | $ | 72 |
| | $ | 104 |
| | $ | 338 |
|
| | | | | | | | | | | |
| Operating margin % | | 16.2 | % | | 15.6 | % | | 14.7 | % | | 19.8 | % | | 16.6 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 2,154 |
| | $ | 2,177 |
| | $ | 2,160 |
| | $ | 2,193 |
| | |
| | | | | | | | | | | |
| | | 2012 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 507 |
| | $ | 505 |
| | $ | 472 |
| | $ | 544 |
| | $ | 2,028 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 517 |
| | $ | 498 |
| | $ | 496 |
| | $ | 506 |
| | $ | 2,017 |
|
| | | | | | | | | | | |
| Gross margin | | 54.3 | % | | 52.2 | % | | 52.2 | % | | 55.5 | % | | 53.6 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 92 |
| | $ | 63 |
| | $ | 75 |
| | $ | 97 |
| | $ | 327 |
|
| | | | | | | | | | | |
| Operating margin % | | 17.7 | % | | 12.7 | % | | 15.1 | % | | 19.1 | % | | 16.2 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 2,191 |
| | $ | 2,202 |
| | $ | 2,225 |
| | $ | 2,264 |
| | |
Income from operations reflect the results of our reportable segments under Agilent's management reporting system which are not necessarily in conformity with GAAP financial measures. Income from operations of our reporting segments exclude, among other things, charges related to the amortization of intangibles, the impact of restructuring charges, acquisition and integration costs, NMR business exit costs and pre-separation costs.
In general, recorded orders represent firm purchase commitments from our customers with established terms and conditions for products and services that will be delivered within six months.
Readers are reminded that non-GAAP numbers are merely a supplement to, and not a replacement for, GAAP financial measures. They should be read in conjunction with the GAAP financial measures. It should be noted as well that our non-GAAP information may be different from the non-GAAP information provided by other companies.
Historical amounts have been reclassified to conform with current period presentation.
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AGILENT TECHNOLOGIES, INC. |
DIAGNOSTICS AND GENOMICS GROUP |
(Unaudited) |
|
(In millions, except margins data) | | 2014 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 156 |
| | $ | 175 |
| | $ | 169 |
| | $ | 171 |
| | $ | 671 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 157 |
| | $ | 168 |
| | $ | 166 |
| | $ | 172 |
| | $ | 663 |
|
| | | | | | | | | | | |
| Gross margin | | 58.3 | % | | 57.8 | % | | 55.7 | % | | 54.0 | % | | 56.4 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 19 |
| | $ | 26 |
| | $ | 22 |
| | $ | 26 |
| | $ | 93 |
|
| | | | | | | | | | | |
| Operating margin % | | 12.3 | % | | 15.2 | % | | 13.5 | % | | 14.9 | % | | 14.0 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 2,872 |
| | $ | 2,887 |
| | $ | 2,882 |
| | $ | 2,887 |
| | |
| | | | | | | | | | | |
| | | 2013 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 159 |
| | $ | 155 |
| | $ | 151 |
| | $ | 179 |
| | $ | 644 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 153 |
| | $ | 157 |
| | $ | 157 |
| | $ | 168 |
| | $ | 635 |
|
| | | | | | | | | | | |
| Gross margin | | 59.8 | % | | 61.4 | % | | 58.9 | % | | 60.1 | % | | 60.1 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 18 |
| | $ | 24 |
| | $ | 23 |
| | $ | 30 |
| | $ | 95 |
|
| | | | | | | | | | | |
| Operating margin % | | 12.1 | % | | 15.2 | % | | 14.8 | % | | 17.9 | % | | 15.0 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 2,833 |
| | $ | 2,845 |
| | $ | 2,866 |
| | $ | 2,883 |
| | |
| | | | | | | | | | | |
| | | 2012 |
| | | Q1 | | Q2 | | Q3 (a) | | Q4 | | Total |
| Orders | | $ | 62 |
| | $ | 58 |
| | $ | 102 |
| | $ | 151 |
| | $ | 373 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 59 |
| | $ | 67 |
| | $ | 97 |
| | $ | 153 |
| | $ | 376 |
|
| | | | | | | | | | | |
| Gross margin | | 58.9 | % | | 62.6 | % | | 60.3 | % | | 62.4 | % | | 61.3 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 5 |
| | $ | 12 |
| | $ | 14 |
| | $ | 27 |
| | $ | 58 |
|
| | | | | | | | | | | |
| Operating margin % | | 7.9 | % | | 18.3 | % | | 14.0 | % | | 17.6 | % | | 15.3 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 378 |
| | $ | 377 |
| | $ | 2,649 |
| | $ | 2,597 |
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(a) Our third quarter results include the acquisition of Dako which was completed on June 21, 2012.
Income from operations reflect the results of our reportable segments under Agilent's management reporting system which are not necessarily in conformity with GAAP financial measures. Income from operations of our reporting segments exclude, among other things, charges related to the amortization of intangibles, the impact of restructuring charges, acquisition and integration costs and pre-separation costs.
In general, recorded orders represent firm purchase commitments from our customers with established terms and conditions for products and services that will be delivered within six months.
Readers are reminded that non-GAAP numbers are merely a supplement to, and not a replacement for, GAAP financial measures. They should be read in conjunction with the GAAP financial measures. It should be noted as well that our non-GAAP information may be different from the non-GAAP information provided by other companies.
Historical amounts have been reclassified to conform with current period presentation.
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AGILENT TECHNOLOGIES, INC. |
AGILENT CROSSLAB GROUP |
(Unaudited) |
|
| | | | | | | | | | | |
(In millions, except margins data) | | 2014 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 334 |
| | $ | 354 |
| | $ | 321 |
| | $ | 353 |
| | $ | 1,362 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 314 |
| | $ | 325 |
| | $ | 336 |
| | $ | 332 |
| | $ | 1,307 |
|
| | | | | | | | | | | |
| Gross margin | | 48.5 | % | | 47.9 | % | | 49.1 | % | | 48.5 | % | | 48.5 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 69 |
| | $ | 70 |
| | $ | 84 |
| | $ | 78 |
| | $ | 301 |
|
| | | | | | | | | | | |
| Operating margin % | | 22.0 | % | | 21.5 | % | | 24.9 | % | | 23.6 | % | | 23.0 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 988 |
| | $ | 1,008 |
| | $ | 1,019 |
| | $ | 1,031 |
| | |
| | | | | | | | | | | |
| | | 2013 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 319 |
| | $ | 335 |
| | $ | 290 |
| | $ | 328 |
| | $ | 1,272 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 294 |
| | $ | 307 |
| | $ | 305 |
| | $ | 318 |
| | $ | 1,224 |
|
| | | | | | | | | | | |
| Gross margin | | 47.5 | % | | 48.6 | % | | 49.2 | % | | 49.4 | % | | 48.7 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 62 |
| | $ | 75 |
| | $ | 79 |
| | $ | 83 |
| | $ | 299 |
|
| | | | | | | | | | | |
| Operating margin % | | 21.2 | % | | 24.2 | % | | 25.8 | % | | 26.1 | % | | 24.4 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 967 |
| | $ | 974 |
| | $ | 958 |
| | $ | 971 |
| | |
| | | | | | | | | | | |
| | | 2012 |
| | | Q1 | | Q2 | | Q3 | | Q4 | | Total |
| Orders | | $ | 297 |
| | $ | 321 |
| | $ | 277 |
| | $ | 301 |
| | $ | 1,196 |
|
| | | | | | | | | | | |
| Net revenue | | $ | 281 |
| | $ | 292 |
| | $ | 285 |
| | $ | 292 |
| | $ | 1,150 |
|
| | | | | | | | | | | |
| Gross margin | | 47.0 | % | | 46.8 | % | | 47.5 | % | | 48.8 | % | | 47.5 | % |
| | | | | | | | | | | |
| Income from operations | | $ | 57 |
| | $ | 57 |
| | $ | 64 |
| | $ | 70 |
| | $ | 248 |
|
| | | | | | | | | | | |
| Operating margin % | | 20.4 | % | | 19.5 | % | | 22.3 | % | | 24.0 | % | | 21.6 | % |
| | | | | | | | | | | |
| Segment Assets | | $ | 977 |
| | $ | 974 |
| | $ | 972 |
| | $ | 980 |
| | |
Income from operations reflect the results of our reportable segments under Agilent's management reporting system which are not necessarily in conformity with GAAP financial measures. Income from operations of our reporting segments exclude, among other things, charges related to the amortization of intangibles, the impact of restructuring charges, acquisition and integration costs and pre-separation costs.
In general, recorded orders represent firm purchase commitments from our customers with established terms and conditions for products and services that will be delivered within six months.
Readers are reminded that non-GAAP numbers are merely a supplement to, and not a replacement for, GAAP financial measures. They should be read in conjunction with the GAAP financial measures. It should be noted as well that our non-GAAP information may be different from the non-GAAP information provided by other companies.
Historical amounts have been reclassified to conform with current period presentation.