Goldman Sachs Reiterates Buy Rating on Keysight Technologies (KEYS)

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Keysight Technologies Reports Third Quarter 2024 Results

August 20, 2024 4:05 PM EDT

Achieves above guidance results; full-year outlook improved

SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the third fiscal quarter ended July 31, 2024.

Keysight delivered revenue and earnings above the high end of our guidance in market conditions that were stable and consistent with our expectations, said Satish Dhanasekaran, Keysights President and CEO. The funnel of opportunities supports our outlook for second half orders to be above first half orders, followed by a more gradual recovery in 2025, barring any further macroeconomic degradation."

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