What's Going On With Keysight Technologies Shares Wednesday?
Portfolio Pulse from Dylan Berman
Keysight Technologies shares rose after reporting better-than-expected Q3 results, with adjusted EPS of $1.57 and revenue of $1.217 billion. Despite declines in key segments, the company exceeded guidance and analysts adjusted their price targets.
August 21, 2024 | 4:59 pm
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Keysight Technologies reported Q3 earnings that exceeded expectations, with adjusted EPS of $1.57 and revenue of $1.217 billion. Despite declines in key segments, the company provided a positive outlook for Q4, leading to a significant stock price increase.
Keysight's better-than-expected earnings and revenue, along with a positive outlook for Q4, have led to a significant increase in stock price. Analysts have adjusted their price targets, reflecting confidence in the company's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100