Keysight Technologies (KEYS) Tops Q4 EPS by 7c; Q1 Guidance Misses
Keysight Technologies (NYSE: KEYS) reported Q4 EPS of $0.71, $0.07 better than the analyst estimate of $0.64. Revenue for the quarter came in at $756 million versus the consensus estimate of $754.34 million.
Keysight Technologies sees Q1 2015 EPS of $0.44-$0.58, versus the consensus of $0.60. Keysight Technologies sees Q1 2015 revenue of $702-742 million, versus the consensus of $748.40 million.
“Our strong Q4 performance contributed to a solid first year as an independent company,” said Ron Nersesian, Keysight president and CEO. “Our team’s operational discipline drove excellent earnings results in Q4 and throughout the year, while we completed the separation and closed our first major acquisition with Anite. We have also established a consistent track record of meeting our guidance commitments over the past several quarters.”
“Looking forward, our recently announced organizational structure is the next step in driving increased focus on customer solutions and accelerating our growth initiatives in 2016,” added Nersesian. “While we maintain our expectations for market growth of 2 percent in 2016, recent macro data has tempered our expectations for the first half of the year.”
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