文章核心观点 - 公司在第二财季的业绩超出预期,但收入同比有所下降,主要受到消费电子和半导体等多个终端市场疲软的影响 [1] - 公司在电动汽车、AI数据中心、软件和服务等领域保持良好势头,部分抵消了收入下滑 [1][2] - 美国和欧洲国防现代化支出增加为公司带来有利因素,公司完成了对Riscure的收购,扩大了自动化安全评估能力 [2] 财务表现 - 公司GAAP净利润为1.26亿美元,每股0.72美元,同比下降 [3] - 非GAAP净利润为2.47亿美元,每股1.41美元,超出预期 [4] - 季度收入为12.2亿美元,同比下降,但超出预期 [5] - 通信解决方案业务收入同比下降10%,航空航天、国防和政府市场需求下降 [6][7] - 工业电子解决方案业务收入下降,受到消费电子、制造和分销渠道疲软的影响 [9][10] 区域表现 - 亚太地区收入同比下降23%,所有终端市场均呈下降趋势 [11] - 美洲地区收入同比下降5% [11] - 欧洲地区收入同比下降1% [11] 其他 - 非GAAP毛利率为65%,同比下降 [12] - 非GAAP营业利润率为24.2%,同比下降 [12] - 通信解决方案业务非GAAP营业利润率下降190个基点,工业电子解决方案业务下降1550个基点 [13] - 公司第三财季预计收入11.8-12亿美元,非GAAP每股收益1.30-1.36美元 [15]

A KEYSIGHT May 20, 2024 This communication contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created therein. Statements preceded by, followed by, or that otherwise include the words "anticipate," "assume," "plan," "estimate," "expect," "guidance," "intend," "implied," "target," "believe," "outlook," and similar words or expressions, or future or condi ...

财务数据和关键指标变化 - 第二季度收入为12.16亿美元,超出预期 [10] - 第二季度每股收益为1.41美元,超出预期 [10] - 第二季度毛利率为65%,经营利润率为24% [32] - 第二季度订单为12.19亿美元,同比下降8% [31] - 截至第二季度末,公司有23亿美元的未完成订单 [31] 各条业务线数据和关键指标变化 - 通信解决方案集团(CSG)收入下降10%,毛利率68%,经营利润率27% [34] - 电子工业解决方案集团(EISG)收入下降17%,毛利率58%,经营利润率19% [35] 各个市场数据和关键指标变化 - 商业通信收入下降10%,航空航天、国防和政府收入下降11% [34] - 半导体行业前景有所改善,存储器和高带宽存储器需求增加 [19] - 汽车业务收入保持稳定,电动车和自动驾驶解决方案需求平稳 [20][21] - 制造业、中国和分销渠道客户支出持续受限,但医疗健康和先进研究领域有所增长 [23] 公司战略和发展方向及行业竞争 - 公司正在投资增强差异化优势,以把握未来技术浪潮和转折点 [26][27] - 公司通过收购Spirent和Riscure拓展了网络分析和自动化安全评估能力 [27] - 公司看好长期行业增长趋势,保持谨慎乐观态度 [29] 管理层对经营环境和未来前景的评论 - 公司客户需求环境保持相对稳定,出现一些增长亮点 [8][9] - 公司预计第三季度收入和利润将保持相对稳定,第四季度将有中个位数的增长 [37] - 公司保持谨慎和灵活的成本管理,同时持续投资于关键技术领域 [29] 问答环节重要的提问和回答 问题1 **Rob Mason 提问** 询问公司第三季度订单和收入的季节性变化 [42][43] **Neil Dougherty 回答** 解释公司第三季度通常会出现订单和收入小幅下降的季节性,第四季度会有中个位数的增长 [43][44] 问题2 **Will Bryant 提问** 询问公司对第二半年订单增长的信心来源 [52][53] **Satish Dhanasekaran 回答** 解释公司看到一些需求环境的稳定迹象,如线缆业务、航空航天国防和EISG业务的改善 [53][54][55] 问题3 **Aaron Rakers 提问** 询问半导体业务的规模以及对晶圆厂项目延迟的看法,以及芯片互连模拟的机会 [62][63][64][68] **Neil Dougherty、Mark Wallace和Satish Dhanasekaran回答** 半导体业务占公司总收入约10%,预计晶圆厂投资将在2024年底和2025年开始恢复;芯片互连模拟是一个重要的增长机会 [65][66][67][68]

Shares of Keysight have returned +8.4% over the past month versus the Zacks S&P 500 composite's +5.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Revenue- Communications Solutions Group: $840 million versus $813.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.4% change. Revenue- Commercial Communications: $563 million versus the three-analyst averag ...

Keysight (KEYS) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non- recurring items. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have ...

Exhibit 99.1 Keysight Technologies Reports Second Quarter 2024 Results Achieves above guidance results on strong execution; full-year outlook unchanged SANTA ROSA, Calif., May 20, 2024 - Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the second fiscal quarter ended April 30, 2024. "Keysight executed well and delivered second quarter results above the high end of our guidance in a market environment that was consistent with the prior quarter," said Satish Dhanasekaran, Keysight ...

Analysts on Wall Street project that Keysight (KEYS) will announce quarterly earnings of $1.38 per share in its forthcoming report, representing a decline of 34.9% year over year. Revenues are projected to reach $1.2 billion, declining 13.6% from the same quarter last year. The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates du ...

文章核心观点 - 公司预计第二季度营收将同比下降,主要受到各终端市场需求疲软的影响 [1][2] - 但公司通过创新产品布局,如加速AI/ML网络设计的AI数据中心测试平台,以及与NVIDIA、AMD等公司的合作,有望对季度业绩产生正面影响 [3][4][5][6] - 然而,消费电子市场谨慎的支出环境、半导体行业客户推迟大型项目、通信市场的库存调整等因素,将对公司业绩造成一定压力 [7][8][9] 根据目录分类总结 公司业务发展 - 公司推出AI数据中心测试平台,加速AI/ML网络设计 [3] - 与NVIDIA合作加速6G研究,与AMD合作开发云边基础设施性能基准测试方法 [4] - 为Intel开发和验证mMIMO波束成形设计,为Autotalks和Deutsche Telekom提供测试解决方案 [5][6] - 拟以15亿美元收购Spirent Communications,以增强软件解决方案能力 [10] 行业环境分析 - 消费电子市场支出谨慎,影响电子工业解决方案业务 [7] - 半导体行业客户推迟大型项目,也对公司业绩造成压力 [7] - 通信市场库存调整持续,影响通信解决方案业务 [8] - 亚太地区需求疲软,中美贸易摩擦持续给公司业绩带来不确定性 [9] 财务数据 - 第二季度营收预计同比下降13.55%至12亿美元 [11] - 调整后每股收益预计下降至1.38美元,去年同期为2.12美元 [11]

Keysight Technologies Inc. (KEYS) recently announced that its Ultra-WideBand (UWB) testing solutions effectively match the requirements for physical layer conformance testing outlined in the FiRa 2.0 Core Technical and Test Specifications. UWB is an energy-efficient radio technology that is utilized in high-bandwidth communications due to its precise ranging across a broad spectrum.Even in densely populated environments where there can be interference from other signals, it delivers accurate measurements be ...

A month has gone by since the last earnings report for Keysight (KEYS) . Shares have added about 4.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Keysight Technologies due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Keysight Q1 Earnings Beat Estimates Despite ...