Agilent Technologies, Inc. (NYSE:A) Q4 2022 Earnings Call Transcript

Jacob Thaysen : Yes. Thanks, Mike. And we came out with some very nice innovations here at the ASMS on the GC/MS side, including the way that you can use hydrogen to measure or to as your carrier gas and set up the helium, which has been really nice pickup in the GC/MS space. And as Mike also alluded to, I think we are seeing a lot of opportunity in the Advanced Materials side, particularly in the lithium battery side, where we both see our spectroscopy portfolio combined with the GC, GC/MS is completely or really addressing some of the challenges there. And actually on top of that, you have LC that is a part of that equation as you also want to look at electrolytes in batteries. So I think we continue to see a lot of opportunities in Advanced Materials, but particularly for the GC, GC/MS side.

Daniel Arias : Yes. Okay. Interesting. And then, Bob, maybe just thinking about investments next year in the context of the growth that you’re seeing this year, are there areas where you might add resources beyond what might just be expected given the uncertainty that’s floating around? Seems like there’s an opportunity to sort of improve your positioning at a time of strength, not sure if you’re seeing it that way, though.

Robert McMahon : Yes. No, we agree. And I would say it’s — we’ve been doing that over the course of this last year. And I would say one of the areas, obviously, we’re building out the capacity in NASD that we’ve talked about extensively. But we’re also significantly investing in places like digital and software. And we think that that’s an area of increasing strength for us and would look to continue to invest incrementally there as we go into FY ’23.

Operator: Ladies and gentlemen, we have no further questions this afternoon. Mr. Ahuja, I’ll turn things back to you for closing comments.

Parmeet Ahuja : Thanks, Bo, and thanks, everyone, for joining. With that, we would like to wrap up the call for today. Have a great rest of the day.

Operator: Thank you. Ladies and gentlemen, that concludes today’s call. Thank you for joining. You may now disconnect.