Keysight Technologies Reports Third Quarter 2019 Results

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Keysight Technologies (KEYS) PT Raised to $110 at Barclays

August 22, 2019 4:56 AM EDT

Barclays analyst Tim Long raised the price target on Keysight Technologies (NYSE: KEYS) to $110.00 (from $103.00) while maintaining a Overweight rating.

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Keysight Technologies (KEYS) Tops Q3 EPS by 23c, Revenues Beat; Offers Q4 Revenue Guidance Above Consensus

August 21, 2019 4:10 PM EDT

Keysight Technologies (NYSE: KEYS) reported Q3 EPS of $1.25, $0.23 better than the analyst estimate of $1.02. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.05 billion.

Third Quarter Financial Summary

GAAP revenue grew 8 percent to reach $1,087 million, when compared with $1,004 million last year.Non-GAAP revenue grew 8 percent to reach $1,088 million. Non-GAAP core revenue, which also excludes the impact of foreign currency changes and revenue associated with businesses acquired or... More