---
schema_version: "secwatch.filing_event.v1"
accession: "0001601046-23-000038"
form_type: "8-K"
ticker: "KEYS"
cik: "0001601046"
company_name: "Keysight Technologies, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:41:44.863262+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Keysight Q2: revenue $1.39B (+3% YoY), non-GAAP EPS $2.12 beats guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001601046-23-000038
- form_type: 8-K
- ticker: KEYS
- cik: 0001601046
- company_name: Keysight Technologies, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601046/000160104623000038/0001601046-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601046/000160104623000038/keys-20230516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601046-23-000038
- JSON: https://secwatch.observer/filing/0001601046-23-000038.json
- Plain text: https://secwatch.observer/filing/0001601046-23-000038.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1601046/000160104623000038/0001601046-23-000038-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1601046/000160104623000038/0001601046-23-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.