Keysight Technologies (KEYS) Releases Earnings Results, Beats Expectations By $0.12 EPS
Keysight Technologies (NYSE:KEYS) announced its quarterly earnings data on Wednesday. The scientific and technical instruments company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.12, Briefing.com reports. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $891.55 million. During the same quarter in the prior year, the firm earned $0.64 EPS. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. Keysight Technologies updated its Q1 guidance to $0.29-0.43 EPS.
Keysight Technologies (NYSE KEYS) traded up $0.29 during trading on Wednesday, reaching $42.19. 949,100 shares of the company’s stock traded hands, compared to its average volume of 863,370. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.75 and a quick ratio of 2.04. The firm has a market capitalization of $7,830.00, a P/E ratio of 19.05, a price-to-earnings-growth ratio of 2.14 and a beta of 1.18. Keysight Technologies has a 52-week low of $35.05 and a 52-week high of $45.65.
In other Keysight Technologies news, insider Ronald S. Nersesian sold 58,931 shares of the stock in a transaction on Monday, October 9th. The shares were sold at an average price of $41.64, for a total transaction of $2,453,886.84. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.23% of the company’s stock.
Keysight Technologies Company Profile
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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