04:29 PM EDT, 05/20/2024 (MT Newswires) -- Keysight Technologies ( KEYS ) reported fiscal Q2 non-GAAP earnings late Monday of $1.41 per diluted share, down from $2.12 a year earlier.

Analysts polled by Capital IQ expected $1.39.

Revenue for the quarter ended April 30 was $1.22 billion, down from $1.39 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.20 billion.

The company said it expects fiscal Q3 non-GAAP EPS between $1.30 and $1.36 and revenue between $1.18 billion and $1.20 billion.

Analysts polled by Capital IQ expect $1.45 and $1.21 billion.

The company's shares were down 3% in after-hours activity.

Price: 155.00, Change: -4.75, Percent Change: -2.97