On Tuesday, Keysight Technologies (KEYS.US) opened up more than 21%, hitting a new all-time high, currently trading at $299. In terms of news, the company’s first-quarter earnings exceeded analyst expectations, and it issued a second-quarter outlook far above Wall Street forecasts. The company’s adjusted earnings per share for the first quarter ending January 31, 2025, was $2.17, beating the analyst consensus of $2.00 by $0.17. Revenue reached $1.6 billion, surpassing the $1.54 billion estimate, and grew 23% year-over-year from $1.3 billion.
Keysight’s second-quarter guidance significantly exceeded expectations, with the company projecting revenue of $1.69 billion to $1.71 billion, with a midpoint of $1.7 billion, well above the analyst consensus of $1.51 billion. The company expects adjusted earnings per share for the second quarter to be between $2.27 and $2.33, with a midpoint of $2.30, far higher than the consensus estimate of $1.91.
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Q1 performance exceeded expectations Keysight Technologies(KEYS.US) opened up more than 21%
On Tuesday, Keysight Technologies (KEYS.US) opened up more than 21%, hitting a new all-time high, currently trading at $299. In terms of news, the company’s first-quarter earnings exceeded analyst expectations, and it issued a second-quarter outlook far above Wall Street forecasts. The company’s adjusted earnings per share for the first quarter ending January 31, 2025, was $2.17, beating the analyst consensus of $2.00 by $0.17. Revenue reached $1.6 billion, surpassing the $1.54 billion estimate, and grew 23% year-over-year from $1.3 billion.
Keysight’s second-quarter guidance significantly exceeded expectations, with the company projecting revenue of $1.69 billion to $1.71 billion, with a midpoint of $1.7 billion, well above the analyst consensus of $1.51 billion. The company expects adjusted earnings per share for the second quarter to be between $2.27 and $2.33, with a midpoint of $2.30, far higher than the consensus estimate of $1.91.