Keysight Technologies Stock Climbs After Q3 Results: EPS Beat, Revenues Beat
Portfolio Pulse from Erica Kollmann
Keysight Technologies' stock rose after the company reported better-than-expected Q3 earnings and revenue. The company posted an EPS of $1.57, beating estimates by 16.3%, and revenue of $1.22 billion, surpassing expectations by 2.17%. Despite declines in certain segments, the company remains optimistic about future orders.
August 20, 2024 | 8:29 pm
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Keysight Technologies reported strong Q3 results with EPS and revenue beating analyst estimates, leading to a significant after-hours stock price increase. Despite declines in some segments, the company maintains a positive outlook for future orders.
Keysight's Q3 earnings and revenue exceeded expectations, which is a positive indicator for investors. The stock price increased significantly after-hours, reflecting investor confidence. The company's positive outlook for future orders further supports a bullish sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100