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Agilent Technologies Expects to Exceed Guidance for First Quarter 2004 Results

Monday January 26, 4:05 pm ET

PALO ALTO, Calif.--(BUSINESS WIRE)--Jan. 26, 2004--Agilent Technologies Inc. (NYSE:A - News) today announced it expects its results for the first fiscal quarter, ending Jan. 31, 2004, to be above the guidance provided in early December.

First quarter revenues are now expected to be in the range of $1.63 billion to $1.68 billion, compared to previous guidance of $1.55 billion to $1.65 billion. Earnings before restructuring and amortization charges are now anticipated to be $0.20 to $0.24 per share(1). Prior guidance was for earnings of $0.05 to $0.15 per share.

"We have not seen the normal seasonal decline in first quarter activity," said Ned Barnholt, Agilent chairman, president and chief executive officer....

"...we currently expect Agilent's second quarter earnings before restructuring and amortization charges to be in the range of $0.20 to $0.25 per share(1) on revenues of $1.65 billion to $1.70 billion," said Barnholt....

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