earnings
confidence high
sentiment neutral
materiality 0.70
Keysight Q2 revenue $1.22B, down 12% YoY; non-GAAP EPS $1.41 beats guidance
Keysight Technologies, Inc.
2024-Q2 EPS reported
$1.70
revenue$2,475,000,000
- Q2 revenue $1.22B vs $1.39B YoY; GAAP EPS $0.72 vs $1.58; non-GAAP EPS $1.41 vs $2.12.
- Cash flow from operations $110M; free cash flow $74M vs $370M last year; cash $1.66B.
- CSG revenue $840M (-10% YoY) with commercial communications down 10%, A&D down 11%.
- EISG revenue $376M (-17% YoY) on continued semiconductor and manufacturing spending constraints.
- Q3 guidance: revenue $1.18-1.20B, non-GAAP EPS $1.30-1.36; full-year outlook unchanged.