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published in Blogs
May 18, 2022
Keysight Technologies (KEYS, $140.25) Q2 results beat Zacks consensus expectations

Keysight Technologies (KEYS, $140.25) Q2 results beat Zacks consensus expectations

Keysight Technologies, Inc. posted second-quarter fiscal 2022 (ended Apr 30, 2022) earnings surpassed Zacks Consensus expectations. Revenue, too beat estimates.

The net income came in at $1.83, beating the Zacks Consensus Estimate by 16 cents.

Revenue rose +11% year over year to $1,351 million, exceeding  the Zacks Consensus Estimate of $1,302 million.  

The Communications Solutions Group grew +9.8% to $963 million in revenues. The Electronic Industrial Solutions Group was up +12.8% to $388 million on the back of automotive and semiconductor solutions.

For the third quarter of fiscal 2022, Keysight projects revenues in the range of $1,330-$1,350 million. The company expects non-GAAP earnings between $1.74 and $1.80 per share.

Related Tickers: KEYS