Keysight Technologies Inc ( (KEYS) ) has released its Q4 earnings. Here is a breakdown of the information Keysight Technologies Inc presented to its investors.
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Keysight Technologies Inc. is a global company specializing in design, emulation, and test solutions, serving sectors such as communications, industrial automation, aerospace, defense, and more, aimed at accelerating innovation and product deployment. In its latest earnings report, Keysight Technologies disclosed results surpassing guidance, despite challenging market conditions, driven by a robust product portfolio and customer engagement. The company reported a slight decrease in quarterly revenue to $1.29 billion and faced a GAAP net loss of $73 million, largely due to a new tax expense, compared to a net income in the previous year. Nevertheless, non-GAAP net income was $288 million. For the fiscal year, revenue dropped to $4.98 billion, with a decline in both GAAP and non-GAAP net income. Segment analysis showed stable performance in the Communications Solutions Group and a decrease in the Electronic Industrial Solutions Group. Looking ahead, Keysight’s management anticipates modest revenue and earnings growth in the upcoming quarter, reflecting confidence in market recovery and ongoing technological innovations.
