Keysight Technologies(KEYS)

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Keysight Technologies Stock Soars as Orders Show Resilience
Investopedia· 2024-08-21 20:25
Key Takeaways Keysight Technologies shares soared after the provider of electronic testing products beat quarterly sales and profit estimates. Orders increased from a year ago even as many of Keysight's end markets navigated macroeconomic challenges. The stock is up more than 30% since hitting a 2024 low on Aug. 7. Shares of Keysight Technologies (KEYS) jumped nearly 14%, the best performance of any S&P 500 stock on Wednesday, following a strong quarterly earnings report. Keysight, which supplies engineerin ...
Why Keysight Technologies Stock Is Surging Today
The Motley Fool· 2024-08-21 19:19
Keysight's recent quarterly report arrived with some positive surprises. Keysight Technologies (KEYS 12.65%) stock is making big gains in Wednesday's trading. The company's share price was up 12.8% as of 3 p.m. ET, according to data from S&P Global Market Intelligence. After the market closed yesterday, Keysight published results for the third quarter of its current fiscal year -- a period that ended July 31. The business delivered sales and earnings that came in significantly above Wall Street's expectatio ...
Keysight (KEYS) Q3 Earnings Beat Estimate Despite Lower Revenues
ZACKS· 2024-08-21 18:15
Keysight Inc. (KEYS) reported relatively strong third-quarter fiscal 2024 results, with the bottom and the top lines surpassing the respective Zacks Consensus Estimate. However, the company reported a top-line decline year over year. Weakness in multiple end markets, including general electronics, semiconductor and automotive, impeded the net sales growth. Strong demand for AI related network data center infrastructure solutions and healthy momentum in software and services partially cushioned the top line. ...
Keysight Q3: Order Recovery Is Encouraging
Seeking Alpha· 2024-08-21 13:45
800 June T LIB Sundry Photography I gave Keysight Technologics (NYSE: KEYS) stock a 'Strong Buy' rating in my previous article published in July 2023, highlighting the company's potential to capitalize on 5G and software solutions. The company released their Q3 results on August 20th. The new order growth seems to have bottomed out during the quarter. I estimate the company will return to positive revenue growth by FY 25. I reiterate a 'Strong Buy' rating with a one-year price target of $180 per share. Orde ...
Here's What Key Metrics Tell Us About Keysight (KEYS) Q3 Earnings
ZACKS· 2024-08-20 22:31
Keysight (KEYS) reported $1.22 billion in revenue for the quarter ended July 2024, representing a year-overyear decline of 11.9%. EPS of $1.57 for the same period compares to $2.19 a year ago. The reported revenue represents a surprise of +1.99% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $1.35, the EPS surprise was +16.30%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...
Keysight (KEYS) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-08-20 22:15
Keysight (KEYS) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $2.19 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.30%. A quarter ago, it was expected that this electronic measurement technology company would post earnings of $1.39 per share when it actually produced earnings of $1.41, delivering a surprise of 1.44%. Over the last ...
Wall Street's Insights Into Key Metrics Ahead of Keysight (KEYS) Q3 Earnings
ZACKS· 2024-08-15 14:16
Group 1 - Analysts project Keysight (KEYS) will announce quarterly earnings of $1.35 per share, a decline of 38.4% year over year [1] - Revenues are expected to reach $1.19 billion, declining 13.7% from the same quarter last year [1] - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating a collective reappraisal by analysts [1] Group 2 - Revenue for the Communications Solutions Group is estimated at $815.55 million, reflecting a year-over-year change of -11.2% [4] - Revenue for Commercial Communications is projected to be $531.04 million, indicating a change of -13.1% from the prior-year quarter [4] - Revenue for Aerospace, Defense & Government is expected to reach $284.51 million, with a year-over-year change of -7.3% [5] Group 3 - Revenue for the Electronic Industrial Solutions Group is anticipated to be $375.76 million, suggesting a change of -19% year over year [5] - Income from operations for the Electronic Industrial Solutions Group is expected to be $87.80 million, down from $157 million a year ago [6] - Income from operations for the Communications Solutions Group is estimated at $217.27 million, contrasting with the year-ago figure of $276 million [6] Group 4 - Keysight shares have experienced a change of -12.6% in the past month, compared to the -2.9% move of the Zacks S&P 500 composite [6] - Keysight is currently rated with a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6]
Will Top-Line Contraction Dent Keysight's (KEYS) Q3 Earnings?
ZACKS· 2024-08-14 16:31
Keysight Technologies, Inc. (KEYS) is scheduled to report third-quarter fiscal 2024 results on Aug 20 after the closing bell. It pulled off a trailing four-quarter earnings surprise of 4.43%, on average. Based in Santa Rosa, CA, the electronic design company is expected to have recorded a revenue contraction year over year owing to soft demand in Electronic Industrial Solutions Group. Weakness in some end markets of the Commercial Communication Group is likely to have affected the top line. Factors at Play ...
Keysight (KEYS) Achieves First-Ever FR3 5G Data Connection
ZACKS· 2024-08-14 15:30
Keysight Technologies, Inc. (KEYS) has achieved a significant milestone by enabling QUALCOMM Incorporated (QCOM) to establish the industry's first end-to-end interoperability and data connection in the high-band FR3 spectrum. This breakthrough represents a key advancement in wireless communication, setting new standards for network performance and user experience. The FR3 interoperability test, supported by Keysight's cutting-edge UXM E7515P and VXT3 M9416A platforms, along with Qualcomm's Development Accel ...
Keysight (KEYS) Boosts Simulation Portfolio for Space Application
ZACKS· 2024-07-17 18:15
The SAS platform boasts six-channel outputs with flexible power and performance options. This enables engineers to configure the system as per specific requirements. Moreover, the ability to control up to six channels through a single input-output port with a simple programmatic interface facilitates quick set-up and deployments of SAS systems. With high power density and regenerative power technology, the system delivers superior thermal performance. The solution has a wide range of realistic simulation fe ...