Aug 19 (Reuters) - Electronic equipment maker Keysight
Technologies ( KEYS ) beat Wall Street estimates for
third-quarter revenue and profit on Tuesday, highlighting robust
product demand across its communications, automotive and
semiconductor end-markets.
The Santa Rosa, California-based company, which was
separated from Agilent Technologies ( A ) in 2014, provides
electronic design, test and simulation software, instrumentation
and related services. Agilent ( A ) was previously a part of
Hewlett-Packard.
Keysight's ( KEYS ) products include oscilloscopes, protocol
analyzers, digital multimeters, among other offerings.
"(We) continue to see solid demand and strong customer
engagements," CEO Satish Dhanasekaran said.
Keysight ( KEYS ) expects its revenue to grow by 7% and its adjusted
earnings per share to rise 13% for fiscal year 2025.
It also expects fourth-quarter revenue between $1.37 billion
and $1.39 billion, with adjusted earnings per share expected in
the range of $1.79 to $1.85.
Analysts, on average, anticipate fourth-quarter revenue of
$1.37 billion and adjusted earnings of $1.81 per share,
according to data compiled by LSEG.
The company reported quarterly revenue of $1.35 billion,
above analysts' estimates of $1.32 billion for the quarter ended
July 31.
Keysight ( KEYS ) reported quarterly adjusted earnings of $1.72 per
share, beating analysts' estimates of $1.67 per share.