Keysight: Fiscal First Quarter Earnings Overview

Keysight Technologies Announces First-Quarter Financial Results

Keysight Technologies Inc., headquartered in Santa Rosa, California, revealed on Monday that it achieved a net profit of $281 million for its fiscal first quarter.

The company reported earnings of $1.63 per share. After adjusting for special items, earnings reached $2.17 per share.

These figures surpassed analysts’ expectations, as the consensus from four Zacks Investment Research analysts had projected earnings of $1.99 per share.

During the quarter, Keysight generated $1.6 billion in revenue, outperforming the $1.54 billion anticipated by three Zacks analysts.

Looking ahead to the quarter ending in April, Keysight forecasts earnings per share between $2.27 and $2.33.

Revenue for the upcoming fiscal second quarter is expected to fall between $1.69 billion and $1.71 billion.

This article was produced by Automated Insights using data provided by Zacks Investment Research.