Keysight Technologies Inc. (NYSE:KEYS) is reporting third quarter earnings results on Thursday 20th August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.83 per share.
For the full year, analysts predict revenues of $ 4018.96 million, while looking forward to income of $ 4.10 per share.
Previous Quarter Performance
Keysight Technologies Inc. came out with income for the second quarter of $ 0.78 per share, from the revenue of $ 892.00 million. The quarterly earnings down 36.07 percent compared with the same quarter last year. According to street consensus, KEYS was expected to report 2Q20 income of $ 1.20 per share from revenue of $ 1106.23 million. The bottom line results missed street analysts by $ 0.42 or 35 percent, at the same time, top line results fell short of analysts by $ 214.23 million or 19.37 percent.
Stock Performance
According to the previous trading day, closing price of KEYS was $ 104.00, representing a 33.45 % increase from the 52 week low of $ 77.93 and a 5.45 % decrease over the 52 week high of $ 110.00.
The company has a market capital of $ 19.45 billion and is part of the Technology sector and Scientific & Technical Instruments industry.
Conference Call
Keysight Technologies Inc. will be hosting a conference call at 4:30 PM eastern time on 20th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fi
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
