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Oct 31, 2022

Keysight Technologies Q4 2022 Earnings Report

Keysight Technologies reported record orders and revenue for the quarter and fiscal year.

Key Takeaways

Keysight Technologies reported an 11% increase in revenue to $1.44 billion for the fourth quarter, with GAAP net income at $299 million, or $1.66 per share, and non-GAAP net income at $386 million, or $2.14 per share. The company achieved record orders in the quarter and fiscal year, driven by broad-based demand for its differentiated solutions.

Revenue grew 11 percent to reach $1.44 billion.

GAAP net income was $299 million, or $1.66 per share.

Non-GAAP net income was $386 million, or $2.14 per share.

Free cash flow was $340 million.

Total Revenue
$1.44B
Previous year: $1.29B
+11.5%
EPS
$2.14
Previous year: $1.82
+17.6%
Gross Profit
$910M
Previous year: $837M
+8.7%
Cash and Equivalents
$2.04B
Previous year: $2.05B
-0.4%
Free Cash Flow
$340M
Previous year: $295M
+15.3%
Total Assets
$8.1B
Previous year: $7.78B
+4.1%

Keysight Technologies

Keysight Technologies

Keysight Technologies Revenue by Segment

Forward Guidance

Keysight’s first fiscal quarter of 2023 revenue is expected to be in the range of $1.36 billion to $1.38 billion. Non-GAAP earnings per share for the first fiscal quarter of 2023 are expected to be in the range of $1.81 to $1.87.

Revenue & Expenses

Visualization of income flow from segment revenue to net income