Why Is Keysight (KEYS) Down 7% Since Last Earnings Report?

It has been about a month since the last earnings report for Keysight (KEYS) . Shares have lost about 7% in that time frame, underperforming the S&P 500. 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. The Electronic Industrial Solutions Group (EISG) segment's revenue ...