Agilent Technologies Inc. (A - Analyst Report) recently introduced the 7000C Triple Quadrupole Gas Chromatography Mass Spectrometer (GC/MS/MS).This new system marks a step forward from the previous best, the 7000B model.
The 7000C Triple Quadrupole Gas Chromatography Mass Spectrometer (GC/MS/MS) helps to measure trace components in complex matrices. Along with the proprietary 7890B GC and MassHunter software, it is expected to improve the efficiency of the system through quick analysis and less power consumption, thus reducing operating costs.
Agilent is mainly involved in the manufacturing of measuring instruments. Its Life Science segment offers liquid chromatography systems, columns, tools and components. The Chemical Analysis segment, on the other hand, offers gas chromatography systems, tools and components.
Agilent’s Inert Flow Path solutions ensure adherence to the set standard for consistently high sensitivity, precision and the ability to duplicate itself. Agilent Technologies provides measurement and technological solutions for chemical analysis, life sciences, diagnostics, electronics and communications industries.
Agilent reported third quarter revenues of $1.65 billion, down 4.1% year over year. The lion’s share of revenue came from the Asia/Pacific, which contributed 39%, followed by the Americas, which provided 35% and then Europe, which accounted for the balance. Though all three regions declined from last quarter, the decline was greatest in the Americas (down 5.6%), followed by Asia/Pacific (down 4.9%) and Europe, which declined 2.8%. Year over year, the Americas dropped 14.3%, Asia/Pacific remained flattish while Europe was up 6%.
Agilent currently has a Zacks Rank #3 (Hold). Other technology companies that look attractive at this time are Micron Tech (MU - Analyst Report) and SanDisk Corp with a Zacks Rank #1 (Strong Buy) and National Instruments Corp (NATI - Snapshot Report) with a Zacks Rank #2 (Buy).