20.02.2024 22:10:35 - dpa-AFX: Keysight Technologies, Inc. Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Keysight Technologies, Inc. (KEYS) reported a profit
for first quarter that decreased from the same period last year but beat the
Street estimates.

The company's bottom line came in at $172 million, or $0.98 per share. This
compares with $260 million, or $1.45 per share, in last year's first quarter.

Excluding items, Keysight Technologies, Inc. reported adjusted earnings of $286
million or $1.63 per share for the period.

Analysts on average had expected the company to earn $1.59 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 8.7% to $1.26 billion from $1.38
billion last year.

Keysight Technologies, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $172 Mln. vs. $260 Mln. last year.
-EPS (Q1): $0.98 vs. $1.45 last year.
-Analyst Estimates: $1.59
-Revenue (Q1): $1.26 Bln vs. $1.38 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.34 - $1.40
Next quarter revenue guidance: $1.19 - $1.21 Bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KEYSIGHT TECHS DL-,01 A12B6J Frankfurt 127,320 30.05.24 08:00:12 -1,940 -1,50% 127,220 129,220 127,320 129,260

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