CORRECTION: Keysight Sees Q4 Revenue $1.29B-$1.31B vs $1.39B Est.
Portfolio Pulse from Benzinga Newsdesk
Keysight Technologies has revised its Q4 revenue forecast to $1.29B-$1.31B, which is lower than the previous estimate of $1.39B.
August 17, 2023 | 8:20 pm
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NEGATIVE IMPACT
Keysight's lower than expected Q4 revenue forecast may negatively impact its stock price in the short term.
Keysight's revised Q4 revenue forecast is significantly lower than the previous estimate. This could lead to a negative market reaction, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100