Core Insights - Keysight Technologies Inc. (KEYS) reported strong fourth-quarter fiscal 2025 results, with both net income and revenues exceeding the Zacks Consensus Estimate, driven by growth in AI data-center, aerospace, defense, and government markets [1][9] Financial Performance - GAAP net income was $229 million or $1.33 per share, compared to a GAAP net loss of $73 million or $0.42 per share in the same quarter last year [2] - Non-GAAP net income for the quarter was $331 million or $1.91 per share, up from $288 million or $1.65 in the prior-year quarter, surpassing the Zacks Consensus Estimate by $0.06 [2] - Quarterly net sales increased to $1.42 billion from $1.29 billion year-over-year, exceeding guidance, with total orders rising 14% year-over-year to $1.53 billion [3][9] Segment Performance - The Communication Solutions Group (CSG) generated $990 million in revenues, an 11% increase from $894 million in the prior-year quarter, driven by demand for AI data-center network solutions and 5G technologies [4] - The Electronic Industrial Solutions Group (EISG) saw revenues rise to $429 million from $393 million, supported by investments in AI-driven technologies and growth in the semiconductor sector [5] Regional Performance - Asia-Pacific revenues reached $581 million, up from $508 million year-over-year, while revenues from the Americas also improved by 6% to $581 million [6] - European revenues increased by 12% to $257 million from $230 million in the prior-year quarter [6] Profitability Metrics - Non-GAAP gross profit was $912 million, with gross margins of 64.3%, compared to $829 million and 64.5% in the prior-year quarter [7] - Non-GAAP operating margin improved to 26.3% from 25.8% year-over-year, with CSG's margin at 26.7% and EISG's margin at 25.4%, reflecting a higher mix of software [7] Cash Flow and Liquidity - Keysight generated $225 million in cash from operating activities, down from $359 million a year ago, with $1.9 billion in cash and cash equivalents and $2.53 billion in long-term debt as of September 30, 2025 [10] Outlook - For the upcoming quarter, Keysight expects revenues between $1.53 billion and $1.55 billion, with non-GAAP earnings per share estimated between $1.95 and $2.01 [11]