Keysight Technologies (KEYS) Tops Q1 EPS by 19c

Keysight Technologies (NYSE: KEYS) reported Q1 EPS of $1.26, $0.19 better than the analyst estimate of $1.07. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.06 billion.

“Keysight delivered another outstanding quarter and a strong start to the year with both revenue and earnings exceeding the high end of our guidance. Revenue growth in the quarter was driven by ongoing strength in 5G-related investments and increased spending in aerospace defense and semiconductor measurement,\" said Ron Nersesian, Keysight president and CEO. \"Our consistent financial performance illustrates the strength of our differentiated solutions targeting a diverse set of end markets,” said Nersesian.

GUIDANCE:

Keysight Technologies sees Q2 2020 EPS of $1.28-$1.38, versus the consensus of $1.30. Keysight Technologies sees Q2 2020 revenue of $1.1138-1.178 billion, versus the consensus of $1.15 billion.

For earnings history and earnings-related data on Keysight Technologies (KEYS) click here.

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