TechWhiz
4 년 전
Earnings out on August 20th.
Factors Setting the Tone for Keysight's (KEYS) Q3 Earnings
Zacks Equity Research
August 17, 2020, 9:44 AM
Keysight Technologies, Inc. KEYS is slated to report third-quarter fiscal 2020 results on Aug 20.
The Zacks Consensus Estimate for revenues is currently pegged at $918.65 million, which indicates a decline of 15.5% from the prior-year quarter.
We note that the Zacks Consensus Estimate for earnings has been revised upward by a penny to 84 cents per share over the past 30 days, suggesting a decline of 32.8% from the year-ago reported figure.
Due to the coronavirus pandemic led business uncertainty, the company did not provide a specific quantitative guidance for third-quarter fiscal 2020. The company expects fiscal third-quarter revenues, earnings, and operating margin to be in line with or better than the fiscal second quarter.
Markedly, the company reported non-GAAP earnings of 78 cents per share and non-GAAP revenues of $895 million in second-quarter fiscal 2020. Non-GAAP operating margin was 19.4%.
Keysight has been improving production and services operations, and anticipated returning to 100% capacity by the end of the fiscal third quarter amid persistent supply chain challenges.
https://finance.yahoo.com/news/factors-setting-tone-keysights-keys-134401286.html
TechWhiz
5 년 전
5G in the news again.
Keysight and Samsung Collaborate to Validate Dynamic Spectrum Sharing Technology in Chipmaker’s New 5G Modem. New 5G feature will accelerate mobile operators’ deployment of 5G services
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, announced an extended collaboration with Samsung Electronics’ LSI Business, a global leader in semiconductor components and 5G technology, to validate dynamic spectrum sharing (DSS) technology used in the smartphone maker’s new 5G modem.
Samsung has used Keysight’s 5G network emulation solutions to accelerate the development of its radio frequency (RF) solution, Exynos RF 5510, as well as its newest 5G modem, Exynos Modem 5123, which supports DSS technology.
“We’re pleased to extend our collaboration with Keysight on 5G technology to support the development and commercialization of Samsung’s next generation 5G solutions to ensure that they meet the outstanding performance needed for tomorrow’s 5G devices,” said Woonhaing Hur, vice president of System LSI protocol development at Samsung Electronics. “Together with key collaborators such as Keysight, we’re able to deliver cutting-edge solutions that touch the lives of people around the world every day.”
TechWhiz
5 년 전
More great news from KEYS.
Keysight Technologies to Highlight High-Speed Digital Design Solutions at DesignCon 2020
Business Wire Business WireJanuary 15, 2020
Keysight Technologies to Highlight High-Speed Digital Design Solutions at DesignCon 2020
What: Massive data flows from 5G and IoT are creating unprecedented demand for higher-speed digital throughput and interfaces, as well as memory in networks and data centers. At DesignCon 2020, Keysight’s technical experts and application engineers will demonstrate solutions that enable customers to automate development workflows with PathWave, optimize design performance with the highest-performance test equipment, and accelerate time-to-market when designing the latest high-speed interfaces, transceivers and electronics.
https://finance.yahoo.com/news/keysight-technologies-highlight-high-speed-163000812.html
TechWhiz
5 년 전
The 5G news keeps coming out.
Keysight’s 5G solutions help accelerate the market introduction of high performance 5G products in nearly any form factor. By addressing diverse global spectrum requirements, these solutions ensure compliance with the latest 5G standards on a compact and future-proof wireless platform.
Ecosystems, consisting of mobile operators, device makers and test labs, use Keysight’s 5G solutions to support the entire device development workflow, from early design to acceptance and manufacturing. Keysight’s suite of 5G emulation and over-the-air (OTA) test solutions support regulatory radio frequency (RF) testing of 5G mobile devices in both conducted and radiated test environments across frequency 1 (FR1) and FR2 (mmWave).
About Keysight in 5G
Keysight’s industry-first 5G end-to-end design and test solutions enable the mobile industry to accelerate 5G product design development from the physical layer to the application layer and across the entire workflow from simulation, design, and verification to manufacturing, deployment, and optimization. Keysight offers common software and hardware platforms compliant to the latest 3GPP standards, enabling the ecosystem to quickly and accurately validate 5G chipsets, devices, base stations and networks, as well as emulate subscriber behaviour scenarios. Additional information about Keysight's 5G solutions is available at www.keysight.com/find/5G.
https://finance.yahoo.com/news/keysight-aac-technologies-extend-collaboration-160000452.html
TechWhiz
5 년 전
KEYS comes through once again...
“Keysight delivered a very strong finish to the year with both revenue and earnings exceeding the high-end of our guidance for the quarter. Record-setting quarterly and annual revenue was driven by growth across our portfolio of differentiated solutions, and broad-based momentum across multiple end markets. We continued to execute on our strategy and growth initiatives, while exceeding our commitments to customers and shareholders,” said Ron Nersesian, Keysight president and CEO.
Fourth Quarter Financial Summary:
GAAP revenue grew 7 percent to reach $1.120 billion, when compared with $1.047 billion last year.
Non-GAAP revenue grew 7 percent to reach $1.122 billion. Non-GAAP core revenue, which also excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months, increased 7 percent.
GAAP net income was $195 million, or $1.02 per share, compared with GAAP net loss of $114 million, or $(0.61) per share, in the fourth quarter of 2018.
Non-GAAP net income was $254 million, or $1.33 per share, compared with $193 million, or $1.01 per share in the fourth quarter of 2018.
As of October 31, 2019, cash and cash equivalents totaled $1.598 billion.
Fiscal year 2019 Financial Summary:
GAAP revenue grew 11 percent over last year and totaled $4.303 billion. Non-GAAP revenue grew 10 percent to reach $4.312 billion. Non-GAAP core revenue grew 11 percent year-over-year.
GAAP net income was $621 million, or $3.25 per share, compared with $165 million, or $0.86 per share in fiscal 2018. Non-GAAP net income was $902 million, or $4.72 per share, compared with $618 million, or $3.24 per share in fiscal 2018.
Keysight acquired approximately 2.1 million shares in the open market at an average share price of $76.32, for a total consideration of $160 million during fiscal year 2019. Keysight has $410 million remaining under the current $500 million share repurchase authorization implemented in May 2019.
TechWhiz
5 년 전
KEYS keeps gaining momentum.
Keysight Named Industry Leader for Second Straight Year, Ranked 16th Overall in America's Most JUST Companies by Forbes and JUST Capital
Business Wire Business WireNovember 13, 2019
SANTA ROSA, Calif.--(BUSINESS WIRE)--
Company continues to garner recognition highlighting its commitment to helping build a better planet
Keysight Technologies, Inc. (KEYS), a leading technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world, announced it has been named the industry leader, and ranked #16 overall, on the list of America’s Most Just Companies for 2020, according to Forbes and JUST Capital, the leading corporate measurement platform for the stakeholder economy. It is the second year that the company has placed #1 in the industrial goods industry and within the top 25 companies in the JUST Rankings.
The JUST Capital Rankings evaluate the 1,000 largest publicly traded U.S. companies on a range of factors, including fair pay, ethical leadership, good benefits and work-life balance, equal opportunity, customer treatment and privacy, community support, environmental impact, and delivering shareholder return. By balancing the needs of all stakeholders, JUST 100 leaders demonstrate that profits and purpose can go hand in hand.
Read more here:
https://finance.yahoo.com/news/keysight-named-industry-leader-second-160000620.html
TechWhiz
5 년 전
Is Keysight Technologies (KEYS) Outperforming Other Computer and Technology Stocks This Year?
Within the past quarter, the Zacks Consensus Estimate for KEYS's full-year earnings has moved 6.01% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, KEYS has gained about 50.10% so far this year. In comparison, Computer and Technology companies have returned an average of 16.22%. This shows that Keysight Technologies is outperforming its peers so far this year.
Looking more specifically, KEYS belongs to the Electronics - Measuring Instruments industry, a group that includes 7 individual stocks and currently sits at #108 in the Zacks Industry Rank. On average, this group has gained an average of 31.24% so far this year, meaning that KEYS is performing better in terms of year-to-date returns.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to KEYS as it looks to continue its solid performance.
https://finance.yahoo.com/news/keysight-technologies-keys-outperforming-other-133001425.html
TechWhiz
5 년 전
5G Play Keysight Technologies Blasts Into Buy Zone
Keysight Technologies (KEYS) is IBD Stock of the Day as the electronic design and testing company crushed earnings estimates and received several Wall Street price target hikes. Keysight stock shot into a buy zone.
Keysight Technologies: Early Stages Of 5G Growth
Analysts also noted strong performance in the 5G wireless business. Telecom companies are building out 5G wireless networks and 5G devices, with Keysight providing 5G testing gear. "The upside surprise in Commercial Comms increases our confidence in the sustainability of 5G driven growth, which remains in its early stages in our view," Long added.
Keysight offers "an agnostic way to invest in 5G in that an investor does not need to pick which OEM, vendor, or end product will gain or lose share in 5G," Citi's Suva said.
Citi raised its price target on Keysight stock to 115 from 110. Cowen hiked its price target to 110 from 103. Analysts at Jefferies and Deutsche also raised their targets.
https://www.investors.com/research/ibd-stock-of-the-day/keystock-stock-surges-keysight-earnings-q3-2019/?src=A00220&yptr=yahoo
TechWhiz
5 년 전
Keysight (KEYS) Beats Q3 Earnings and Revenue Estimates
Zacks August 21, 2019
Keysight (KEYS) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 22.55%. A quarter ago, it was expected that this electronic measurement technology company would post earnings of $0.98 per share when it actually produced earnings of $1.22, delivering a surprise of 24.49%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Keysight, which belongs to the Zacks Electronics - Measuring Instruments industry, posted revenues of $1.09 billion for the quarter ended July 2019, surpassing the Zacks Consensus Estimate by 4.05%. This compares to year-ago revenues of $1 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Keysight shares have added about 40.6% since the beginning of the year versus the S&P 500's gain of 15.7%.
https://finance.yahoo.com/news/keysight-keys-beats-q3-earnings-213509624.html
TechWhiz
5 년 전
What's in the Offering for Keysight (KEYS) in Q3 Earnings?
Zacks Equity Research
Zacks August 19, 2019
Keysight Technologies Inc. KEYS is scheduled to release third-quarter fiscal 2019 results on Aug 21. Notably, the company has surpassed earnings estimates in the trailing four quarters, with an average beat of 16.1%.
A few excerpts about 5G:
Keysight’s focus on launching solutions for growth markets like 5G, IoT, next-generation wireless, high-speed datacenters and automotive & energy is expected to positively impact the to-be-reported quarter’s top line.
Keysight stated that orders for 5G solutions recorded triple-digit growth year over year in the last reported quarter. In fact, the company boasts of a robust 5G portfolio comprising comprehensive set of test and design solutions enabling telecom companies to accelerate 5G deployment. This buyout is anticipated to bolster the top line in the to-be-reported quarter.
We believe the company’s strength in 5G testing and design solutions hold promise. The collaborations to develop of Open RAN 5G network with companies like AT&T, Xilinx, to name a few, are likely to enable Keysight in proliferating the 5G space. Alliance with Qualcomm Technologies, Inc. QCOM, a subsidiary of Qualcomm remains noteworthy. These deals will help the to-be-reported quarter’s results.
https://finance.yahoo.com/news/whats-offing-keysight-keys-q3-123912444.html