Keysight Technologies reported a strong second quarter, exceeding revenue and EPS guidance, driven by strong demand for its solutions and successful navigation of geopolitical and supply chain challenges.
Orders grew 9 percent to reach $1.46 billion.
Revenue grew 11 percent to reach $1.35 billion.
GAAP net income was $258 million, or $1.41 per share.
Non-GAAP net income was $334 million, or $1.83 per share.
Keysight’s third fiscal quarter of 2022 revenue is expected to be in the range of $1.33 billion to $1.35 billion. Non-GAAP earnings per share for the third fiscal quarter of 2022 are expected to be in the range of $1.74 to $1.80. Full fiscal year 2022 revenue growth is expected to approach 8 percent. Non-GAAP earnings per share growth for fiscal year 2022 is expected to be in the range of 14 to 15 percent.
Visualization of income flow from segment revenue to net income