Will Healthy Y/Y Revenue Growth Boost Keysight's Q1 Earnings?

Core Viewpoint - Keysight Technologies, Inc. is expected to report higher year-over-year revenues in the first quarter of fiscal 2025, driven by growth in the AI data center market, aerospace, defense, and government sectors, as well as strong momentum in software and services [2] Group 1: Product Developments - Keysight launched the Chiplet PHY Designer 2025, enhancing high-speed digital chiplet design for AI and data center applications, which improves prospects across various verticals [3] - The company introduced the AppFusion network visibility partner program, integrating third-party security and monitoring solutions to enhance network operations and reduce costs [4] - Keysight assisted Samsung Electronics in validating secure test cases for the Exynos Connect U100 chipset, which is expected to positively impact quarterly performance [7] Group 2: Strategic Alliances - Keysight joined the Intel Foundry Accelerator United States Military, Aerospace and Government Alliance to strengthen the U.S. Defense Industrial Base and expand access to advanced tools and technologies [5] - The company entered an agreement to provide electronic design automation software to six of the eight hubs in the U.S. microelectronics commons initiative, which is anticipated to generate incremental demand for its solutions [6] Group 3: Financial Expectations - The Zacks Consensus Estimate for Keysight's revenues in the first quarter of fiscal 2025 is $1.28 billion, reflecting a year-over-year increase from $1.26 billion [9] - Estimated revenues from the Communications Solutions Group segment are projected at $867.7 million, indicating a 3.4% year-over-year growth [8] - The consensus estimate for adjusted earnings per share is $1.69, an improvement from $1.63 reported a year ago [9]