Keysight forecasts quarterly profit above estimates on strong data center-led demand

Core Viewpoint - Keysight Technologies forecasts second-quarter profit exceeding Wall Street estimates, driven by strong demand from data centers, resulting in a more than 15% increase in shares during after-market trading [1]. Financial Performance - The company anticipates second-quarter revenue between $1.69 billion and $1.71 billion, surpassing analysts' average estimate of $1.51 billion [2]. - Adjusted earnings per share for the quarter are projected to be between $2.27 and $2.33, compared to estimates of $1.91 per share [2]. - For the first quarter ended January 31, Keysight reported revenue of $1.6 billion, exceeding estimates of $1.54 billion, and adjusted profit per share of $2.17, beating estimates of $2 per share [3][4]. Business Segments - The communications solutions unit's revenue increased by 27% to $1.12 billion, fueled by investments in AI-focused data center infrastructure, non-terrestrial network applications, and defense modernization [4].