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Agilent Upgrades LTE

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Agilent Technologies Inc (A - Free Report) recently unveiled new software options for the T4010S LTE RF and T4020S LTE RRM test systems. The newly-launched functionalities provide coverage for LTE-Advanced Carrier Aggregation test cases.

LTE (long term evolution), marketed as 4G LTE, is a standard for wireless transport of high-speed data for mobile phones and data terminals.

The Agilent T4000S series facilitates stress tests by user equipment (UE) developers to check their designs so that they are ready for certification before deployment. These products can also be used for assessment of UE performance and behavior by network operators and independent test labs.

The newly-added features make it possible for a single device to deliver a compact and scalable LTE-Advanced solution test set and help in performing several of the required MIMO and fading tests.

LTE-Advanced is focused on higher capacity with increased peak data rate, higher spectral efficiency, increased number of active subscribers, and improved overall performance.

Agilent Technologies is a broad-based original equipment manufacturer of test and measurement equipment. The company’s third-quarter revenues were down 4.6% sequentially and 4.1% year over year to $1.65 billion. However, earnings per share of 68 cents beat the Zacks Consensus Estimate by 6 cents or 9.6%, helped by solid cost management.

Currently, Agilent has a Zacks Rank #3 (Hold). Other stocks that look attractive this season are Microchip Technology Inc (MCHP - Free Report) with a Zacks Rank #1 (Strong Buy), and Cognex Corp (CGNX - Free Report) and NXP Semiconductors NV (NXPI - Free Report) , both with a Zacks Rank # 2 (Buy).

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