Keysight Technologies' shares surged 9% post-earnings but remain an underperformer, gaining just 10% over the past year amid slowing demand in Asia. Despite a challenging demand environment, KEYS reported solid earnings with a 25.8% operating margin and a book-to-bill ratio above 1.0x, signaling potential revenue growth. Management guides for 5% revenue and 10% EPS growth in 2025, but high interest rates and a sluggish auto sector may cap growth.
Keysight Technologies, Inc. (NYSE:KEYS ) Q4 2024 Earnings Conference Call November 19, 2024 4:30 PM ET Company Participants Paulenier Sims - Director of Investor Relations Satish Dhanasekaran - President and Chief Executive Officer Neil Dougherty - Executive Vice President and Chief Financial Officer Mark Wallace - Senior Vice President and Chief Customer Officer Conference Call Participants Aaron Rakers - Wells Fargo Tim Long - Barclays Robert Jamieson - Vertical Research Partners Robert Mason - Baird Matthew Niknam - Deutsche Bank Samik Chatterjee - JPMorgan Karan Juvekar - Morgan Stanley Adam Thalhimer - Thompson Davis William Bryant - Goldman Sachs Operator Good day, ladies and gentlemen, and welcome to the Keysight Technologies Fiscal Fourth Quarter 2024 Earnings Conference Call. My name is Joel and I will be your lead operator today.
While the top- and bottom-line numbers for Keysight (KEYS) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Keysight (KEYS) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.99 per share a year ago.
Keysight Technologies, Inc. KEYS will release earnings results for its fourth quarter, after the closing bell on Tuesday, Nov. 19.
Keysight enters into a new agreement to provide its EDA software to six of the eight hubs involved in the U.S. Microelectronics Commons initiative.
Keysight successfully assists Samsung Electronics in validating FiRa 2.0 secure test cases on the Exynos Connect U100 chipset.
Besides Wall Street's top -and-bottom-line estimates for Keysight (KEYS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.
Keysight expects to report a revenue contraction year over year in the fiscal fourth quarter, owing to weakness in several verticals.
KEYS collaborates with Analog Devices to develop a testing solution for GMSL2 devices, enhancing safety and innovation in ADAS.
By integrating Keysight and Siemens EDA's powerful design tools, the alliance aims to streamline and optimize the co-design of digital systems and RF circuits.
Keysight's solutions are deployed by Pegatron 5G to enhance the testing and validation of advanced energy-saving features in the latter's Open Radio Unit.