Keysight Technologies raised Q4 2024 earnings guidance to $1.53-1.59 EPS and $1.245-1.265bn revenue, surpassing analysts'

Keysight Technologies, an electronic design and test solutions provider, has updated its Q4 2024 earnings guidance to EPS of $1.53-1.59 and revenue of $1.245-1.265 billion, exceeding analysts' consensus estimates. The company reported Q3 earnings per share of $1.57, surpassing the consensus estimate of $1.35 by 16.3%. However, its Communications Solutions Group saw a 6% decline in commercial communications and a 10% decrease in aerospace, defense, and government revenue. Its Electronic Industrial Solutions Group reported a 20% drop in revenue from the previous year.

August 20, 2024
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