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Oct 31, 2021

Keysight Technologies Q4 2021 Earnings Report

Keysight Technologies reported record orders, revenue, gross margin, and operating margin.

Key Takeaways

Keysight Technologies reported a record quarter and strong finish to the fiscal year, with all-time high orders, revenue, gross margin, and operating margin. Demand for their solutions is strong, resulting in double-digit, year-over-year order growth across all end markets and regions.

Orders grew 21 percent to reach $1.49 billion.

Revenue grew 6 percent to reach $1.29 billion.

GAAP net income was $282 million, or $1.52 per share.

Non-GAAP net income was $338 million, or $1.82 per share.

Total Revenue
$1.29B
Previous year: $1.22B
+6.1%
EPS
$1.82
Previous year: $1.62
+12.3%
Gross Profit
$837M
Previous year: $756M
+10.7%
Cash and Equivalents
$2.05B
Previous year: $1.76B
+16.7%
Free Cash Flow
$295M
Previous year: $308M
-4.2%
Total Assets
$7.78B
Previous year: $7.22B
+7.8%

Keysight Technologies

Keysight Technologies

Keysight Technologies Revenue by Segment

Forward Guidance

Keysight’s first fiscal quarter of 2022 revenue is expected to be in the range of $1.225 billion to $1.245 billion. Non-GAAP earnings per share for the first fiscal quarter of 2022 are expected to be in the range of $1.50 to $1.56.

Revenue & Expenses

Visualization of income flow from segment revenue to net income