Keysight Technologies Inc ( (KEYS) ) has released its Q1 earnings. Here is a breakdown of the information Keysight Technologies Inc presented to its investors.
Keysight Technologies Inc., a leading provider of design, emulation, and test solutions for various industries, reported its first-quarter financial results for fiscal year 2025, showcasing a return to growth driven by robust innovation. The company, which operates in sectors such as communications, aerospace, and industrial automation, continues to empower innovators with its cutting-edge technologies.
In the first quarter of 2025, Keysight Technologies exceeded the high end of its guidance, with revenues reaching $1.30 billion, up from $1.26 billion in the same period last year. The company reported a GAAP net income of $169 million, or $0.97 per share, while its non-GAAP net income rose to $317 million, or $1.82 per share. Cash flow from operations also showed a healthy increase, reaching $378 million compared to $328 million in the previous year.
The Communications Solutions Group, a significant segment of Keysight, reported a 5% increase in revenue to $883 million, driven by growth in both commercial communications and aerospace, defense, and government sectors. However, the Electronic Industrial Solutions Group experienced a slight decline in revenue, down 1% to $415 million, reflecting mixed demand across its markets.
Looking ahead, Keysight Technologies anticipates second-quarter fiscal 2025 revenue to be between $1.27 billion and $1.29 billion, with non-GAAP earnings per share expected to range from $1.61 to $1.67. The company remains optimistic about its long-term growth prospects, supported by its strong innovation pipeline and strategic positioning in key markets.