Keysight Technologies Q1 2021 Earnings Report
Key Takeaways
Keysight Technologies reported an outstanding first quarter with revenue and earnings exceeding the high end of their guidance. Order and revenue growth were driven by strong execution and robust demand for their solutions across all regions. The company enters the year with momentum across multiple end markets and confidence in their revenue and earnings growth trajectory.
Orders grew 7 percent to reach $1.22 billion.
Revenue grew 8 percent to reach $1.18 billion.
GAAP net income was $172 million, or $0.92 per share.
Non-GAAP net income was $270 million, or $1.43 per share.
Keysight Technologies
Keysight Technologies
Keysight Technologies Revenue by Segment
Forward Guidance
Keysight’s second fiscal quarter of 2021 revenue is expected to be in the range of $1.19 billion to $1.21 billion. Non-GAAP earnings per share for the second fiscal quarter of 2021 are expected to be in the range of $1.29 to $1.35.
Revenue & Expenses
Visualization of income flow from segment revenue to net income