Agilent reports continued success in latest financial report

Agilent Technologies has announced its financial results for the fiscal quarter ending on October 31st 2011, during which it saw a double-digit improvement in performance.

The science company's reported revenue total for the fourth quarter of its fiscal year came to $1.73 billion (1.1 billion pounds), up by ten percent on the year-ago period, while order levels rose by four percent.

In terms of business units, the firm's electronic measurement division saw the most significant growth in revenue at 12 percent, while its chemical analysis and life sciences divisions also experienced strong demand.

Bill Sullivan, Agilent's president and chief executive officer, observed that this fourth quarter performance capped a fiscal year that saw the firm deliver its best ever operating performance.

"Despite the uncertain global economy, we are well positioned in all regions of the world to capitalise on market opportunities due to the breadth of our product and service offerings," he said.

This comes after the company announced the launch of the Agilent 2200 TapeStation system for biological analysis earlier this month.