Keysight Technologies Reports Fourth Quarter 2020 Results

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Go back to Keysight Technologies Reports Fourth Quarter 2020 Results

Keysight Technologies (KEYS) PT Raised to $126 at BofA Securities

November 19, 2020 7:43 AM EST

BofA Securities analyst David Ridley-Lane raised the price target on Keysight Technologies (NYSE: KEYS) to $126.00 (from $112.00) while maintaining a Neutral rating.

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Keysight Technologies (KEYS) Tops Q4 EPS by 16c, Revenues Beat, Announces $750M Share Buyback; Offers 1Q EPS/Revenue Guidance Above Consensus

November 18, 2020 4:07 PM EST

Keysight Technologies (NYSE: KEYS) reported Q4 EPS of $1.62, $0.16 better than the analyst estimate of $1.46. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.18 billion.

Achieved Record Orders, Revenue, Gross Margin, Operating Margin, Free Cash FlowAnnounces $750 Million Share Repurchase Program

Fourth Quarter Financial Summary

Revenue grew 9 percent to reach $1.22 billion, when compared with $1.12 billion last year. Non-GAAP revenue grew 7 percent on a core basis, which excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months.GAAP... More