Financial Performance - Keysight reported revenue of $1.29 billion for the quarter ended October 2024, a year-over-year decline of 1.8% [1] - EPS for the quarter was $1.65, compared to $1.99 in the same period last year [1] - Revenue exceeded the Zacks Consensus Estimate of $1.25 billion by 2.68% [1] - EPS surpassed the consensus estimate of $1.57 by 5.10% [1] Segment Performance - Communications Solutions Group revenue was $894 million, a 0.3% increase year-over-year and above the $872.19 million estimate [3] - Commercial Communications revenue reached $591 million, a 4.1% increase year-over-year and above the $571.21 million estimate [3] - Aerospace, Defense & Government revenue was $303 million, a 6.2% decrease year-over-year but slightly above the $300.98 million estimate [3] - Electronic Industrial Solutions Group revenue was $393 million, a 6.4% decrease year-over-year but above the $379.96 million estimate [3] - Income from operations for Electronic Industrial Solutions Group was $83 million, exceeding the $80.74 million estimate [3] - Income from operations for Communications Solutions Group was $249 million, surpassing the $236.85 million estimate [3] Stock Performance - Keysight shares returned -4.1% over the past month, underperforming the Zacks S&P 500 composite's +0.6% change [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]
Keysight (KEYS) Reports Q4 Earnings: What Key Metrics Have to Say