Keysight Technologies reported an exceptional third quarter with revenue and EPS exceeding the high end of guidance. Revenue grew by 10 percent to reach $1.38 billion, and GAAP net income was $338 million, or $1.87 per share.
Orders grew 12 percent to reach $1.46 billion.
Revenue grew 10 percent to reach $1.38 billion.
GAAP net income was $338 million, or $1.87 per share.
Non-GAAP net income was $363 million, or $2.01 per share.
Keysight’s fourth fiscal quarter of 2022 revenue is expected to be in the range of $1.38 billion to $1.40 billion. Non-GAAP earnings per share for the fourth fiscal quarter of 2022 are expected to be in the range of $1.94 to $2.00. Full fiscal year 2022 revenue growth is expected to approach 9 percent. At the midpoint of fourth quarter guidance, non-GAAP earnings per share growth for fiscal year 2022 is expected to be 20 percent.
Visualization of income flow from segment revenue to net income