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Jul 31, 2021

Keysight Technologies Q3 2021 Earnings Report

Achieved record Q3 orders and all-time record revenue.

Key Takeaways

Keysight Technologies reported strong Q3 2021 results with a 23% increase in both order and revenue growth and a 46% increase in GAAP earnings per share.

Orders grew 23 percent to reach $1.31 billion.

Revenue grew 23 percent to reach $1.25 billion.

GAAP net income was $254 million, or $1.36 per share.

Non-GAAP net income was $286 million, or $1.54 per share.

Total Revenue
$1.25B
Previous year: $1.01B
+23.7%
EPS
$1.54
Previous year: $1.19
+29.4%
Gross Profit
$788M
Previous year: $606M
+30.0%
Cash and Equivalents
$2.15B
Previous year: $1.7B
+26.9%
Free Cash Flow
$217M
Previous year: $151M
+43.7%
Total Assets
$7.8B
Previous year: $7.16B
+9.0%

Keysight Technologies

Keysight Technologies

Keysight Technologies Revenue by Segment

Forward Guidance

Keysight’s fourth fiscal quarter of 2021 revenue is expected to be in the range of $1.25 billion to $1.27 billion. Non-GAAP earnings per share for the fourth fiscal quarter of 2021 are expected to be in the range of $1.59 to $1.65.

Revenue & Expenses

Visualization of income flow from segment revenue to net income