Keysight: Fiscal Q3 Earnings Snapshot

Published 2 months ago Positive
Keysight: Fiscal Q3 Earnings Snapshot
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SANTA ROSA, Calif. (AP) — SANTA ROSA, Calif. (AP) — Keysight Technologies Inc. (KEYS) on Tuesday reported fiscal third-quarter earnings of $191 million.

On a per-share basis, the Santa Rosa, California-based company said it had net income of $1.10. Earnings, adjusted for one-time gains and costs, came to $1.72 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The electronic measurement technology company posted revenue of $1.35 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.31 billion.

For the current quarter ending in October, Keysight expects its per-share earnings to range from $1.79 to $1.85.

The company said it expects revenue in the range of $1.37 billion to $1.39 billion for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KEYS at https://www.zacks.com/ap/KEYS

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