Keysight Technologies Q1 2020 Earnings Report
Key Takeaways
Keysight Technologies reported a strong first quarter in fiscal year 2020, with revenue reaching $1.095 billion, a 9% increase compared to the previous year. GAAP earnings per share grew by 43%. The company's performance was driven by ongoing strength in 5G-related investments and increased spending in aerospace defense and semiconductor measurement.
GAAP revenue grew 9 percent to reach $1.095 billion.
Non-GAAP core revenue increased 8 percent.
GAAP net income was $163 million, or $0.86 per share.
Cash and cash equivalents totaled $1.691 billion.
Keysight Technologies
Keysight Technologies
Keysight Technologies Revenue by Segment
Forward Guidance
Keysight expects second fiscal quarter 2020 revenue to be in the range of $1.138 billion to $1.178 billion and non-GAAP earnings per share in the range of $1.28 to $1.38.
Revenue & Expenses
Visualization of income flow from segment revenue to net income