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Keysight Technologies tops quarterly profit estimates, forecasts strong second quarter
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Keysight Technologies tops quarterly profit estimates, forecasts strong second quarter
Feb 25, 2025 4:05 PM

Feb 25 (Reuters) - Electronic equipment maker Keysight Technologies ( KEYS ) expects its

second-quarter profit to surpass analysts' estimates, following a robust quarterly profit on

Tuesday.

Demand for AI-related technology has been strong over the past year, fueled by data center

requirements.

"The demand environment remains consistent with our view of a gradual recovery in 2025,"

said CEO Satish Dhanasekaran.

Keysight ( KEYS ) provides electronic design, testing and software products, such as oscilloscopes

and network emulators used in radar, satellites and space programs, as well as commercial and

military aircraft.

The company expects earnings for the second quarter of fiscal 2025 to be in the range of

$1.61 to $1.67 per share, compared to the analysts' mean estimate of $1.59 apiece, according to

data compiled by LSEG.

In addition, the company serves customers spanning across automotive, energy, semiconductor

and general electronics end markets.

In December, the company said that U.S. tariffs imposed on imports from China could impact

its business.

On an adjusted basis, the California-based company posted per-share earnings of $1.82 in the

first quarter, compared to the consensus estimate of $1.69 per share.

The overall revenue in the quarter came in at $1.3 billion, compared with analysts' average

estimate of $1.28 billion.

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