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Apr 30, 2021

Keysight Technologies Q2 2021 Earnings Report

Achieved record orders, revenue, and free cash flow.

Key Takeaways

Keysight Technologies reported an exceptional second quarter of 2021, achieving all-time record orders, revenue, and free cash flow, driven by its leadership position across diverse markets and its role as an enabler of leading-edge disruptive innovation.

Orders grew 22 percent to reach $1.33 billion.

Revenue grew 36 percent to reach $1.22 billion.

GAAP net income was $186 million, or $0.99 per share.

Free cash flow was $369 million.

Total Revenue
$1.22B
Previous year: $892M
+36.9%
EPS
$1.44
Previous year: $0.78
+84.6%
Gross Profit
$737M
Previous year: $516M
+42.8%
Cash and Equivalents
$1.99B
Previous year: $1.84B
+8.3%
Free Cash Flow
$369M
Previous year: $275M
+34.2%
Total Assets
$7.69B
Previous year: $6.76B
+13.7%

Keysight Technologies

Keysight Technologies

Keysight Technologies Revenue by Segment

Forward Guidance

Keysight’s third fiscal quarter of 2021 revenue is expected to be in the range of $1.205 billion to $1.225 billion. Non-GAAP earnings per share for the third fiscal quarter of 2021 are expected to be in the range of $1.39 to $1.45.

Revenue & Expenses

Visualization of income flow from segment revenue to net income