Agilent Technologies, considered the No. 2 manufacturer of microarrays, on Monday reported overall net earnings that represented a $250 million turnaround in the span of a year.

The company, which only months ago was instituting stringent expense management and a third round of layoffs since 2001, had net income of $104 million in its second fiscal quarter ending April 30, compared to a loss of $146 million for the same quarter in 2003. Orders across the four business groups of the Palo Alto, Calif.-based company were up some 24 percent.

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