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 ...

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 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. ...

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 ...

Keysight Technologies, Inc. (NYSE:KEYS) Q3 2024 Earnings Conference Call August 20, 2024 4:30 PM ET Company Participants Jason Kary - Vice President, Treasurer and Investor Relations Satish Dhanasekaran - President and Chief Executive Officer Neil Dougherty - Executive Vice President and Chief Financial Officer Mark Wallace - Senior Vice President, Global Sales Chief Customer Officer Conference Call Participants Mark Delaney - Goldman Sachs Aaron Rakers - Wells Fargo Michael Allen - Deutsche Bank David Ridl ...

A KEYSIGHT Keysight Technologies Q3 Fiscal Year 2024 Results August 20, 2024 Safe Harbor This communication contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created therein. Statements preceded by, followed by, or that otherwise include the words "anticipate," "assume," "plan," "estimate," "expect," "guidance," "intend," "implied," "target," "believe, ...

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) 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 ...

Exhibit 99.1 Keysight Technologies Reports Third Quarter 2024 Results Achieves above guidance results; full-year outlook improved SANTA ROSA, Calif., August 20, 2024 - Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the third fiscal quarter ended July 31, 2024. "Keysight delivered revenue and earnings above the high end of our guidance in market conditions that were stable and consistent with our expectations," said Satish Dhanasekaran, Keysight's President and CEO. "The funnel ...

Analysts on Wall Street project that Keysight (KEYS) will announce quarterly earnings of $1.35 per share in its forthcoming report, representing a decline of 38.4% year over year. Revenues are projected to reach $1.19 billion, declining 13.7% from the same quarter last year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. ...