Keysight (KEYS) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.32%. A quarter ago, it was expected that this electronic measurement technology company would post earnings of $1.85 per share when it actually produced earnings of $1.91, delivering a surprise of +3.24%.Over the last ...

Financial Performance - Keysight achieved record results in Q1 2026, with total revenue of $1.6 billion, up 23% year-over-year, driven by strong growth across all business segments [18][19] - Earnings per share reached $2.17, reflecting a 19% increase, supported by a gross margin of 66.7%, which improved by 90 basis points [20][19] - Orders totaled $1.645 billion, representing a 30% increase on a reported basis and a 22% increase on a core basis [19] Business Segment Performance - The Communication Solutions Group generated revenue of $1,124 million, up 27% on a reported basis and 16% on a core basis, with a gross margin of 68.5% [20][21] - The Electronic Industrial Solutions Group reported revenue of $476 million, an increase of 15%, with growth across general electronics, semiconductors, and automotive markets [21][20] - Aerospace, Defense, and Government achieved revenue of $366 million, an 18% increase, driven by heightened global focus on defense modernization [21][13] Market Trends and Drivers - Demand for AI-driven technology transformations and next-generation connectivity is accelerating, with significant growth in wireline business surpassing wireless for the first time [5][7] - The industry is moving towards higher speeds and Ethernet-based AI networking, creating more test opportunities for Keysight [8][10] - Increased defense spending in Europe and the U.S. is expected to sustain growth in the aerospace and defense sector [14][40] Company Strategy and Competitive Position - Keysight's strategic roadmap focuses on capitalizing on AI infrastructure, semiconductor complexity, and defense modernization [5][17] - The company is well-positioned to leverage its differentiated portfolio to address increasing design complexity and accelerate innovation [6][17] - Keysight's competitive advantage lies in its solutions-oriented approach, enabling it to stay ahead of customer needs in rapidly evolving markets [68][69] Management Commentary on Future Outlook - Management expressed confidence in sustaining growth momentum, with expectations for total annual revenue and earnings growth just above 20% for fiscal 2026 [24][23] - The company anticipates continued strong demand across its diversified end markets, particularly in AI and defense sectors [17][24] - Management noted that the integration of recent acquisitions is on track and expected to enhance operational efficiencies [23][22] Other Important Information - Keysight ended the quarter with approximately $2.2 billion in cash and cash equivalents, generating cash flow from operations of $441 million [22] - The company repurchased approximately 420,000 shares at an average price of $207, totaling $87 million [22] Q&A Session Summary Question: Insights on wireline vs wireless business growth - Management highlighted that wireline business has surpassed wireless for the first time, driven by robust demand for R&D and manufacturing solutions [26][27] Question: Operating margin expectations - Management indicated a target of 40% core leverage on mid-single-digit growth, with current operating margin leverage at 41% due to strong growth [28][29] Question: Customer base expansion in AI - Management noted a broadening of the customer base, with significant contributions from silicon companies and hyperscalers, alongside emerging neoclouds [34][36] Question: Aerospace and defense spending trajectory - Management expressed optimism about sustained growth in defense spending, particularly in Europe, and the potential for a new run rate in this business [38][40] Question: Supply chain and memory availability - Management stated that they are well-prepared for scaling operations and are not significantly exposed to high-demand memory shortages [60][62] Question: Competitive landscape in AI - Management emphasized Keysight's solutions-oriented approach as a competitive advantage, allowing it to stay ahead in rapidly evolving AI markets [67][68]

Keysight Technologies (NYSE:KEYS) Q1 2026 Earnings call February 23, 2026 04:30 PM ET Company ParticipantsKailash Narayanan - President of the Communication Solutions GroupLiz Morali - VP of Investor RelationsNeil Dougherty - EVP and CFOSatish Dhanasekaran - President and CEOSteve Yoon - SVP of Global SalesConference Call ParticipantsAaron Rakers - Managing Director and Senior Equity AnalystAndrew Spinola - Director and Senior Equity AnalystAtif Malik - Managing Director and Senior Equity AnalystDavid Ridle ...

Keysight Technologies (NYSE:KEYS) Q1 2026 Earnings call February 23, 2026 04:30 PM ET Speaker15Good day, ladies and gentlemen, and welcome to Keysight Technologies fiscal 1st quarter 2026 earnings conference call. My name is Victoria, and I will be your lead operator today. If at any time during the conference you need to reach an operator, please press star zero. This call is being recorded today, Monday, February 23rd, 2026, at 1:30 P.M. Pacific Time. I would now like to hand the call over to Liz Morali, ...

Core Insights - Keysight Technologies reported quarterly earnings of $2.17 per share, exceeding the Street estimate of $2 [1] - Quarterly revenue reached $1.6 billion, surpassing the analyst consensus estimate of $1.54 billion [1] Segment Performance - Communications Solutions Group (CSG) generated revenue of $1.12 billion in the first quarter, reflecting a 27% increase from the prior year [2] - Electronic Industrial Solutions Group (EISG) reported revenue of $476 million in the first quarter, up 15% from the prior year [2] Management Commentary and Outlook - CEO Satish Dhanasekaran highlighted strong fiscal year start with results exceeding expectations, attributing success to investments made over the last three years [3] - For the second quarter, Keysight anticipates adjusted EPS between $2.27 and $2.33, compared to the $1.91 analyst estimate, and revenue projected between $1.69 billion and $1.71 billion, exceeding the $1.51 billion estimate [3] Stock Performance - Keysight stock increased by 15.10% to $282 in extended trading [4]

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Keysight forecasts quarterly profit above estimates on strong data center-led demand February 23, 20269:44 PM UTCUpdated ago By Reuters Feb 23 (Reuters) - Electronic equipment maker Keysight Technologies (KEYS.N), opens new tab forecast second-quarter profit ahead of Wall Street estimates on Monday, sending its shares up more than 15% in after- market trading. Keysight, which offers electronic ...

Keysight Technologies Q1 Fiscal Year 2026 Results February 23, 2026 Safe Harbor 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," "outloo ...

Exhibit 99.1 Keysight Technologies Reports First Quarter 2026 Results Achieved record revenue with double-digit growth across business segments SANTA ROSA, Calif., February 23, 2026 - Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the first fiscal quarter ended January 31, 2026. "Keysight had a strong start to the fiscal year with outstanding results that exceeded our expectations," said Satish Dhanasekaran, Keysight's President and CEO. "The investments we have made over the ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Core Insights - Keysight Technologies has launched the Infiniium XR8 Real-Time Oscilloscope, designed to enhance high-speed digital validation and compliance testing, significantly reducing testing time from days to hours [1] Product Features - The Infiniium XR8 features a new hardware and software architecture optimized for high-speed digital applications, addressing challenges posed by evolving interface standards like USB, DisplayPort, and DDR [1] - It integrates advanced front-end ASIC technology and an ADC and DSP digital engine, ensuring signal integrity and improved timing accuracy for high-speed serial, memory, and mixed-signal designs [1] - The oscilloscope offers intrinsic jitter as low as 13 fs rms and noise performance below 130 µV at 8 GHz bandwidth, which is crucial for validating high-speed interfaces [1] Efficiency Improvements - The new ADC and DSP digital engine, combined with the Infiniium 2026 software, accelerates acquisition, analysis, and reporting by up to three times, enhancing overall test throughput [1] - The redesigned mechanical architecture reduces power consumption, improves thermal efficiency, and minimizes acoustic noise, allowing for flexible deployment in space-constrained labs [1] User Experience Enhancements - The Infiniium 2026 software platform provides a modern user experience with features like flexible waveform windows, enhanced visualization, and productivity tools such as drag-and-drop functionality [1] - Optimized multithread processing and memory management enable deeper insights and faster validation, enhancing the overall productivity of engineering teams [1] Market Context - The introduction of the Infiniium XR8 addresses the increasing pressure on engineers to validate complex, high-speed designs within compressed schedules, thereby improving productivity and confidence in testing [1]