North Bay Business Journal

Tuesday, November 15, 2011, 4:16 pm

Wireless growth helps propel Agilent revenue

Group employees get bonuses of 14 percent to 20 percent

By Loralee Stevens, Special to the Business Journal

Print Friendly Print Friendly    

Agilent logoSANTA ROSA — Agilent Technologies Inc. (NYSE: A) rounded out the its fiscal year with a strong fourth quarter, seeing revenues and orders rise 10 percent from the previous year. The Electronic Measurement Group headquartered in Santa Rosa saw revenues jump 12 percent from the same quarter last year, although orders were flat for the period.

According to Ron Nersesian, group president, the aerospace market was flat, but electronic communications revenues, especially in Asia, were up 20 percent.

“The growth of wireless communication devices has been excellent for us. We’re already embedded with major tablet manufacturers,” he said.

The European markets were soft, U.S. markets in-between.

For the year, Electronic Measurement had the highest gross margins it has ever had, at 24.4 percent, he said.

“Our employees put in stellar work supporting our products and innovating new ones. We maxed out our bonus program at 200 percent for both halves of the year. That means all EMG employees received a 14 percent salary bonus twice, and some received up to 20 percent. That’s money that goes into the local economy,” said Mr. Nersesian.

Agilent’s Electronic Measurement Group employs 1,150 in Santa Rosa.

Copyright © 1988–2013 North Bay Business Journal
View the policy for linking to website content.

Print Friendly Print Friendly    

Submit Your Comments

Required

Required, will not be published

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments and Letters Policy. To share this item by email or social media, use the links above.

Do not use this form to contact people, companies or organizations mentioned in this story. Contact them directly. Private messages left here will be deleted.