8-K
filed May 16, 2023, 7:59 PM ET
ticker KEYS
CIK 0001601046
earnings
confidence high
sentiment positive
materiality 0.75
Keysight Q2: revenue $1.39B (+3% YoY), non-GAAP EPS $2.12 beats guidance
Keysight Technologies, Inc.
2023-Q2 EPS reported
$3.02
revenue$2,771,000,000
- GAAP net income $283M ($1.58 EPS) vs $258M ($1.41) a year ago; non-GAAP net income $380M ($2.12 EPS).
- Record Q2 revenue of $1.39B, core revenue up 5% YoY; record gross margin and free cash flow.
- CSG segment revenue $937M (-3% YoY), commercial comms -7%, A&D +7%; EISG $453M (+17%).
- Q3 guidance: revenue $1.37-1.39B, non-GAAP EPS $2.00-2.06, implying continued growth.
- Cash and equivalents $2.50B; strong execution cited by CEO amid macro headwinds.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Keysight Technologies, Inc. reported the third fiscal quarter of 2023 results: revenue $1.37 billion to $1.39 billion, EPS $2.00 to $2.06. Guidance initiated.
- Period
- the third fiscal quarter of 2023
- Revenue
- $1.37 billion to $1.39 billion
- EPS
- $2.00 to $2.06
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Outlook Keysight’s third fiscal quarter of 2023 revenue is expected to be in the range of $1.37 billion to $1.39 billion. Non-GAAP earnings per share for the third fiscal quarter of 2023 are expected to be in the range of $2.00 to $2.06.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Keysight Technologies, Inc. reported the second fiscal quarter ended April 30, 2023 results: revenue $1.39 billion, net income $283 million, EPS $2.12 per share.
- Period
- the second fiscal quarter ended April 30, 2023
- Revenue
- $1.39 billion
- Net income
- $283 million
- EPS
- $2.12 per share
- Result
- reported results
Exact text from the filing
Second Quarter Financial Summary • Revenue grew 3 percent to reach $1.39 billion, compared with $1.35 billion last year, or 5 percent on a core basis, which excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months. • GAAP net income was $283 million, or $1.58 per share, compared with $258 million, or $1.41 per share, in the second quarter of 2022. • Non-GAAP net income was $380 million, or $2.12 per share, compared with $334 million, or $1.83 per share in the second quarter of 2022.
View on SEC.gov
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