Keysight Technologies surpasses Q3 estimates with adjusted earnings of $3.07 per share and 36.5% revenue growth.
Keysight Technologies reported third-quarter adjusted earnings of $3.07 per share, exceeding market expectations. Revenue surged 36.5% year-over-year to close the period ending July 31.
The company’s results outpaced consensus estimates, driven by robust demand in its core markets. Prior-year Q3 revenue had reflected a lower base, but growth accelerated in the latest quarter.
Shares rose 4.5% in extended trading following the release, reflecting investor confidence in the outlook.