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Keysight Technologies reported its Q4 FY24 results, surpassing analyst expectations. The company posted revenue of $1.29 billion, a 2% year-over-year decline, but higher than the estimated $1.26 billion. The GAAP EPS was -$0.42, while the non-GAAP EPS stood at $1.65, exceeding the expected $1.57. The company's stock rose 10.5% post-market to $168.23. Keysight's net income was reported at -$73 million GAAP and $288 million non-GAAP. The Communications Solutions Group (CSG) revenue grew due to AI investments, while the Electronic Industrial Solutions Group (EISG) faced manufacturing constraints.
$KEYS (+9.1% pre) Keysight (NYSE:KEYS) Posts Better-Than-Expected Sales In Q3, Stock Jumps https://t.co/K1rRJMnKGu
Keysight Technologies, $KEYS, Q4 FY24 Results: š¢ +10.5% Post-Market ($168.23) š Adj EPS: $1.65 š¢ š° Revenue: $1.29B š¢ š Net Income: $(73M) GAAP / $288M Non-GAAP š CSG revenue grew due to AI investments; EISG revenue faced manufacturing constraints. https://t.co/C5ZOYCRwYa
#Dycom Industries, $DY, Q3 FY25 Results: š¢ +0.6% Pre-Market ($204) š Adj EPS: $2.68 š¢ š° Revenue: $1.27B š¢ š Adj Net Income: $79.15M š Strong revenue growth driven by contract increases and effective cost management. https://t.co/JmFj1a2jS4
