Shares of Agilent Technologies Inc. A, -1.18% initially were initially up 1% in extended trading Tuesday after the company reported fiscal first-quarter results that were slightly above Wall Street analysts’ forecasts. Agilent posted net income of $283 million, or 93 cents a share, compared with net income of $288 million, or 93 cents a share, in the year-ago quarter. The company recorded an adjusted earnings of $1.21 a share. Net revenue soared 8% to $1.67 billion from $1.55 billion a year ago. Agilent also offered full-year net revenue guidance of between $6.67 billion and $6.73 billion, in line with analyst estimates. Analysts surveyed by FactSet had expected net income of $1.18 a share on revenue of $1.65 billion. Agilent’s stock has slumped 18% so far this year, while the broader S&P 500 index SPX, -1.01% has tumbled 10%.
