Keysight Technologies(KEYS)
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Keysight (KEYS) Q2 Earnings Beat Estimate Despite Lower Revenues
zacks.com· 2024-05-21 15:15
Revenues Quarterly net sales were $1.22 billion compared with $1.39 billion recorded in the year-ago quarter. Total orders declined 8% year over year to $1.21 billion. Weak demand in multiple end markets hindered revenue growth. However, the top line beat the Zacks Consensus Estimate by $17 million. Communication Solutions Group (CSG) generated $840 million in revenues, down 10% year over year. The company witnessed net sales decline year over year in the Aerospace, Defense & Government end markets. However ...
Keysight Technologies(KEYS) - 2024 Q2 - Earnings Call Presentation
2024-05-20 23:32
A KEYSIGHT May 20, 2024 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," "outlook," and similar words or expressions, or future or condi ...
Keysight Technologies(KEYS) - 2024 Q2 - Earnings Call Transcript
2024-05-20 23:31
Keysight Technologies, Inc. (NYSE:KEYS) Q2 2024 Earnings Conference Call May 20, 2024 4:30 PM ET Conference Call Participants Good day, ladies and gentlemen, and welcome to Keysight Technologies Fiscal Second Quarter 2024 Earnings Conference Call. My name is Ciara, and I'll be your lead operator today. [Operator Instructions] This call is being recorded today, Monday, May 20, 2024 at 1:30 p.m. Pacific Time. Thank you, and welcome everyone to Keysight's second quarter earnings conference call for fiscal year ...
Keysight (KEYS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com· 2024-05-20 23:01
Shares of Keysight have returned +8.4% over the past month versus the Zacks S&P 500 composite's +5.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Revenue- Communications Solutions Group: $840 million versus $813.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.4% change. Revenue- Commercial Communications: $563 million versus the three-analyst averag ...
Keysight (KEYS) Surpasses Q2 Earnings and Revenue Estimates
zacks.com· 2024-05-20 22:16
Keysight (KEYS) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non- recurring items. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have ...
Keysight Technologies(KEYS) - 2024 Q2 - Quarterly Results
2024-05-20 20:06
Exhibit 99.1 Keysight Technologies Reports Second Quarter 2024 Results Achieves above guidance results on strong execution; full-year outlook unchanged SANTA ROSA, Calif., May 20, 2024 - Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the second fiscal quarter ended April 30, 2024. "Keysight executed well and delivered second quarter results above the high end of our guidance in a market environment that was consistent with the prior quarter," said Satish Dhanasekaran, Keysight ...
Countdown to Keysight (KEYS) Q2 Earnings: Wall Street Forecasts for Key Metrics
Zacks Investment Research· 2024-05-15 14:16
Analysts on Wall Street project that Keysight (KEYS) will announce quarterly earnings of $1.38 per share in its forthcoming report, representing a decline of 34.9% year over year. Revenues are projected to reach $1.2 billion, declining 13.6% from the same quarter last year. The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates du ...
Will Revenue Decline Impede Keysight (KEYS) Q2 Earnings?
Zacks Investment Research· 2024-05-14 18:11
Keysight Technologies, Inc. (KEYS) is scheduled to report second-quarter fiscal 2024 results on May 20 after the closing bell. It pulled off a trailing four-quarter earnings surprise of 6.39%, on average. Based in Santa Rosa, CA, the electronic design company is expected to have recorded a top-line decline year over year, owing to demand softness in various end markets. However, portfolio expansion through cutting-edge innovations catering to emerging markets, such as electric vehicles, AI data centers and ...
Keysight (KEYS) Advances UWB Testing With FiRa 2.0 Compliance
Zacks Investment Research· 2024-04-04 16:51
Keysight Technologies Inc. (KEYS) recently announced that its Ultra-WideBand (UWB) testing solutions effectively match the requirements for physical layer conformance testing outlined in the FiRa 2.0 Core Technical and Test Specifications. UWB is an energy-efficient radio technology that is utilized in high-bandwidth communications due to its precise ranging across a broad spectrum.Even in densely populated environments where there can be interference from other signals, it delivers accurate measurements be ...
Keysight Technologies (KEYS) Up 4.6% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-21 16:36
A month has gone by since the last earnings report for Keysight (KEYS) . Shares have added about 4.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Keysight Technologies due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Keysight Q1 Earnings Beat Estimates Despite ...