Keysight Technologies, Inc. - KEYS STOCK NEWS

Keysight Technologies, Inc. (NYSE: KEYS) recently showcased its advanced security assurance solutions at the Mobile World Congress 2022 in collaboration with Pegatron and Auray Technology. The demonstration highlighted end-to-end open radio access network (O-RAN) security performance, validating Pegatron’s cloud-native O-RAN base station using Keysight's Open Radio Architect (KORA) portfolio. The partnership aims to enhance security compliance for O-RAN systems, ensuring seamless integration and performance verification across various vendors and mobile operators.

Keysight Technologies has entered a memorandum of understanding (MoU) with NTT DOCOMO, Japan's largest telecommunications company, to enhance the deployment of multi-vendor 5G networks. This collaboration aims to drive the maturity of open radio access network (RAN) ecosystems. Keysight's open radio access network architect (KORA) will facilitate the establishment of a 5G Open RAN Ecosystem testbed, allowing various firms to conduct verification and interoperability tests. The initiative aligns with Keysight's commitment to advancing open and virtualized RAN technology.

Keysight Technologies (NYSE: KEYS), a leader in advanced design and validation solutions, announced participation in three upcoming investor conferences. Key events include the Susquehanna 11th Annual Virtual Technology Conference on March 3, the Morgan Stanley Technology, Media & Telecom Conference on March 8 in San Francisco, and the 25th Credit Suisse Asian Investment Conference on March 22. Notably, a live audio webcast of the Morgan Stanley conference will be available for investors.

Keysight Technologies (NYSE: KEYS) has announced that Satish Dhanasekaran will become President and CEO effective May 1, 2022, succeeding Ron Nersesian, who will remain as Executive Chairman. Under Nersesian's leadership, Keysight achieved a 10% CAGR in revenue and significant growth in earnings and cash flow. Dhanasekaran, with a strong history at Keysight, vows to continue enhancing customer value and advancing software-centric solutions. The company's strong market position and differentiated solutions portfolio are highlighted as key drivers of future growth.

Keysight Technologies (NYSE: KEYS) has validated an open radio access network (RAN) xHaul transport architecture in partnership with Telefonica. This achievement, significant for mobile operators, advances development based on O-RAN specifications. The xHaul technology enables efficient reconfiguration of networking elements for 5G services delivery. Keysight's 5G test tools facilitate this validation, ensuring interoperability among various network functions. This collaboration underscores a commitment to deploying open networking solutions, crucial for future O-RAN deployments.

Keysight Technologies (NYSE: KEYS) announced the appointment of Kevin Stephens as a director, effective March 1, 2022. The decision was made by the Board of Directors on February 16, 2022. With extensive leadership experience in the communications industry, including roles at Altice USA and Suddlenlink Communications, Stephens is expected to contribute significantly to Keysight's strategic direction. His prior experience includes senior positions at notable companies like Cox Communications and Xerox Corporation.

Keysight Technologies (NYSE: KEYS) announced the PTCRB validation of its S8705A RF/RRM and DVT Conformance Toolset, which supports 5G device certification featuring carrier aggregation technology. This validation enhances certification speed for 5G devices, crucial for high data speeds in applications such as video streaming and gaming. Keysight is the first to gain such approval for 5G NR designs with SA mode, supporting sub-6GHz spectrum. The news was confirmed during the PTCRB Validation Group meeting held from February 15 to 17, 2022.

Keysight Technologies reported financial results for Q1 2022, achieving record orders of $1.50 billion, a 22% increase year-over-year. Revenue rose 6% to $1.25 billion, exceeding guidance. GAAP net income reached $229 million ($1.24/share), up from $172 million ($0.92/share) in Q1 2021. Non-GAAP net income also increased to $305 million ($1.65/share). Cash flow from operations was $224 million, down from $295 million last year. The company expects Q2 revenue between $1.29 billion and $1.31 billion and non-GAAP EPS of $1.63 to $1.69.

Keysight Technologies (NYSE: KEYS) has signed a memorandum of understanding with Samsung Research to advance the development of 6G technology. This collaboration focuses on creating AI-enabled air interfaces utilizing MIMO antenna technology, essential for energy-efficient, ultra-dense networks that can support terabit data wireless transmissions. Both companies aim to leverage their strengths to enhance connectivity and explore the nuances of 6G design. Keysight generated revenues of $4.9B in fiscal year 2021 and continues to lead in advanced design and validation solutions.