21.05.2024 16:45:11 - dpa-AFX: Keysight Technologies Declines 10%
WASHINGTON (dpa-AFX) - Keysight Technologies, Inc. (KEYS) shares are sliding
more than 10 percent on Tuesday morning trade after the company reported a sharp
decline in second-quarter earnings and revenues.
The electronic design and test solutions provider reported quarterly earnings of
$126 million or $0.72 per share down from $283 million or $1.58 per share last
year.
Revenues were $1.22 billion, compared to $1.39 billion a year ago.
Currently, shares are at $143.99, down 9.87 percent from the previous close of
$159.75 on a volume of 1,042,188.
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