secwatch.observer — SEC 8-K summary
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Issuer:     Keysight Technologies, Inc. (KEYS)
CIK:        0001601046
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0001601046-24-000055
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Keysight Q3 revenue $1.22B (-12% YoY); non-GAAP EPS $1.57; guides Q4 rev $1.245-1.265B
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- Revenue $1.22B, down 12% YoY from $1.38B; non-GAAP EPS $1.57 vs $2.19 YoY (includes 16¢ tax benefit).
- GAAP net income $389M ($2.22 EPS) includes 94¢ benefit from effective tax rate change.
- CSG revenue $847M (-8% YoY); EISG revenue $370M (-20% YoY) on weak auto/industrial spending.
- Q4 2024 guidance: revenue $1.245B-$1.265B; non-GAAP EPS $1.53-$1.59; CEO sees gradual recovery in 2025.
- Free cash flow $222M; cash & equivalents $1.63B; operating cash flow $255M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601046/000160104624000055/0001601046-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601046/000160104624000055/keys-20240820.htm
  HTML page:      https://secwatch.observer/filing/0001601046-24-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer