Keysight Technologies, Inc. (NYSE: KEYS), a provider of test and measurement equipment, reported financial results for the third quarter of 2023.
- At $1.38 billion, third-quarter revenue was broadly unchanged from last year; and grew 1% on a core basis
- Q3 net income was $288 million or $1.61 per share, compared to $338 million or $1.87 per share in the same quarter of 2022
- Adjusted net income rose to $393 million or $2.19 per share in Q3 from $363 million or $2.01 per share last year
- As of July 31, 2023, Keysight had cash and cash equivalents totaling $2.57 billion
- Looking ahead, fourth-quarter revenue is expected to be in the range of $1.29 billion to $1.31 billion
- The guidance for Q4 adjusted earnings per share is in the range of $1.83 to $1.89
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- ChartPrime. Elevate your Trading Game with ChartPrime. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://news.alphastreet.com/keys-earnings-highlights-of-keysight-technologies-q3-2023-results/#utm_source=rss&utm_medium=rss&utm_campaign=keys-earnings-highlights-of-keysight-technologies-q3-2023-results