Categories AlphaGraphs, Earnings, Technology

Keysight Technologies stock gains as Q3 earnings, revenue beat

Keysight Technologies, Inc. (NYSE: KEYS), a provider of test and measurement equipment, reported lower earnings and revenues for the third quarter of 2020. The results, however, topped expectations and the company’s stock gained on Thursday evening.

Keysight Technologies Q3 Earnings Infographic

Third-quarter revenues were $1.01 billion, down 7% from last year but sharply above the consensus forecast.

Adjusted earnings, excluding one-off items, dropped to $1.19 per share from $1.25 per share in the prior-year quarter. Net income came in at $176 million or $0.93 per share, compared to $159 million or $0.83 per share in the third quarter of 2019. Analysts had predicted a lower bottom-line number.


Looking forward to listening to management/analysts’ comments on Q3 results? Stay tuned here for Keysight’s Q3 2020 earnings call transcript 


After a series of ups and downs, Keysight’s stock is currently trading broadly at the levels seen at the beginning of the year. It closed Thursday’s trading down 1% but moved up during the extended session soon after the earnings announcement.

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top