Form 8-K · Current Report · Filed 2024-08-20
Keysight Technologies Reports Third Quarter 2024 Results with Above Guidance Performance
Keysight Technologies, Inc. reported financial results for the third fiscal quarter ended July 31, 2024, announcing revenue of $1.22 billion and GAAP net income of $389 million, or $2.22 per share, which includes a 94-cent year-to-date benefit due to a change in effective tax rate. Non-GAAP net income was $275 million, or $1.57 per share. The company improved its full-year outlook based on stable market conditions. Keysight also announced a press release (Exhibit 99.1) with detailed financial summaries and segment results.
- Filer
- Keysight Technologies Inc. KEYS · NYSE
- Filed
- Accession
- 0001601046-24-000055
- CIK
- 0001601046
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$138.50
Next session
+13.9%
Since filing
+130.4%
Latest close
$319.08
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from KEYS reporting the same item, with the next session's move:
Exhibits (1)
About Keysight Technologies Inc.
Keysight Technologies Inc. is an industry leader in the development and production of electronic measurement solutions. This company plays a crucial role in enabling technological advancement by providing essential testing equipment for sectors such as telecommunications, automotive, aerospace, and defense. Keysight's products and services are pivotal for research and development, ensuring that new technologies meet rigorous standards for performance and reliability. Notable for its comprehensive suite of test and measurement solutions, Keysight Technologies offers software, hardware, and service capabilities that span the entire product development lifecycle - from design simulation to prototype validation, manufacturing testing, and optimization in the operational phase. Established as a standalone company from Agilent Technologies in 2014, it has carved a niche for its precise instrumentation and software tools that help companies accelerate innovation across fields like 5G, Internet of Things (IoT), and advanced computing. In the financial markets, Keysight Technologies is recognized for its substantial contributions to enabling modernization and the rollout of next-generation communication networks. The company’s presence in rapidly evolving industries highlights its significance as a driver of growth and innovation within the global tech ecosystem.
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