Keysight Technologies, Inc. (NYSE:KEYS) delivered a fiscal third quarter that made AI testing look increasingly central to its growth story. Revenue increased 36.5% to $1.846 billion, while non-GAAP earnings rose 79% to $3.07 per share and exceeded consensus estimates. Management forecast fourth-quarter non-GAAP earnings of $3.34 to $3.40 per share and revenue of $1.93 billion to $1.95 billion, both above consensus estimates. Shares gained nearly 5% after hours on August 18.
The question is whether Keysight Technologies, Inc. (NYSE:KEYS) is entering a durable expansion or benefiting from a concentrated wave of AI data-center investment. Orders increased 56% to $2.091 billion, marking the second consecutive quarter above $2 billion and extending visibility beyond revenue already recognized.
Communications Solutions Group revenue reached $1.345 billion, up 43% on a reported basis and 36% on a core basis. Keysight's core measure excludes currency effects and acquisitions or divestitures completed during the preceding 12 months. Commercial communications revenue surged 56% to $1.006 billion, while aerospace, defense and government revenue rose 14%. Electronic Industrial Solutions Group revenue increased 21%.
Keysight Technologies, Inc. (NYSE:KEYS) participates across the AI infrastructure development process, from pre-silicon design and chip validation to testing transceivers, high-speed networks, servers and complete data-center systems. Faster interconnects and more complex architectures create additional validation requirements at each stage.
That breadth means Keysight Technologies, Inc. (NYSE:KEYS) is not dependent on the commercial success of one chip or networking product. Customers must test compatibility, performance, power efficiency, and security as systems move from design into deployment. Those requirements can continue through successive hardware transitions even as leadership changes among individual suppliers.
#keysight #keys #gaap
The question is whether Keysight Technologies, Inc. (NYSE:KEYS) is entering a durable expansion or benefiting from a concentrated wave of AI data-center investment. Orders increased 56% to $2.091 billion, marking the second consecutive quarter above $2 billion and extending visibility beyond revenue already recognized.
Communications Solutions Group revenue reached $1.345 billion, up 43% on a reported basis and 36% on a core basis. Keysight's core measure excludes currency effects and acquisitions or divestitures completed during the preceding 12 months. Commercial communications revenue surged 56% to $1.006 billion, while aerospace, defense and government revenue rose 14%. Electronic Industrial Solutions Group revenue increased 21%.
Keysight Technologies, Inc. (NYSE:KEYS) participates across the AI infrastructure development process, from pre-silicon design and chip validation to testing transceivers, high-speed networks, servers and complete data-center systems. Faster interconnects and more complex architectures create additional validation requirements at each stage.
That breadth means Keysight Technologies, Inc. (NYSE:KEYS) is not dependent on the commercial success of one chip or networking product. Customers must test compatibility, performance, power efficiency, and security as systems move from design into deployment. Those requirements can continue through successive hardware transitions even as leadership changes among individual suppliers.
#keysight #keys #gaap
17 hours ago
