Welcome to our dedicated page for Keysight Technologies news (Ticker: KEYS), a resource for investors and traders seeking the latest updates and insights on Keysight Technologies stock.
Keysight Technologies, Inc. (NYSE: KEYS) is a global leader in electronic design and test solutions, empowering customers across a wide array of industries to accelerate innovation. With a heritage tracing back to Hewlett-Packard and Agilent Technologies, Keysight leverages decades of expertise in providing cutting-edge measurement solutions.
Core Business: Keysight Technologies specializes in offering a broad range of products designed to address the challenges of testing and measurement in the electronics sector. Their solutions encompass
- testing tools,
- analytical software,
- and comprehensive services.
Recent Achievements: Keysight has been at the forefront of technological advancements, contributing to the rapid deployment of new technologies. Notable achievements include strategic partnerships with leading global companies and pioneering solutions that set industry benchmarks. Keysight's innovative approach has consistently earned it accolades and a strong foothold in the market.
Current Projects: The company is currently engaged in several key projects driving the future of technology. These include advancing 5G communications, developing next-generation automotive electronics, and enhancing semiconductor testing capabilities. Keysight's commitment to research and development ensures they stay ahead of industry trends and continue to offer relevant solutions to their customers.
Financial Condition: With a robust financial foundation, Keysight Technologies maintains a healthy balance sheet, demonstrating consistent revenue growth and profitability. The company's financial stability allows for sustained investment in innovation and expansion, solidifying its position as a market leader.
Partnerships: Keysight collaborates with industry giants and innovative startups alike, forming strategic alliances that drive mutual growth. These partnerships enable Keysight to integrate the latest technologies into their product offerings, ensuring their customers receive state-of-the-art solutions.
Products: Keysight's product portfolio is designed to meet the diverse needs of their clientele, from comprehensive testing software to precision measurement hardware. Their solutions are tailored to enhance efficiency, accuracy, and speed, helping their over 30,000 customers bring products to market swiftly and reliably.
In summary, Keysight Technologies stands as a pivotal player in the electronic design and test industry, consistently pushing the boundaries of innovation. Their extensive range of products and solutions, coupled with a deep-seated commitment to customer success, make them an invaluable partner in the ever-evolving technology landscape.
Keysight Technologies (NYSE: KEYS) reported financial results for the second fiscal quarter ending April 30, 2024. Revenue was $1.22 billion, down from $1.39 billion the previous year. GAAP net income was $126 million ($0.72 per share), compared to $283 million ($1.58 per share) in Q2 2023. Non-GAAP net income was $247 million ($1.41 per share), down from $380 million ($2.12 per share) last year. Cash flow from operations fell to $110 million from $423 million.
CSG revenue declined 10% to $840 million, while EISG revenue dropped 17% to $376 million. Keysight's Q3 2024 revenue is expected to be between $1.18 billion and $1.20 billion, with non-GAAP EPS between $1.30 and $1.36. The webcast of the earnings call is available on the company’s investor site.
Keysight Technologies released its 2023 Corporate Social Responsibility (CSR) Report, highlighting advancements in environmental sustainability, social impact, ethical business practices, and governance. The report, aligned with GRI and SASB standards, showcases significant achievements, including surpassing social impact goals, making progress toward net zero emissions by 2040, and not incurring any material negative impacts from CSR-related matters. Highlights include the approval of near-term science-based targets, an increase in global renewable electricity to 5%, and engaging over 1.8 million students in STEM education. Keysight committed $319 million to community strengthening efforts and improved diversity and inclusion in its workforce.
Keysight Technologies, Inc. (KEYS) has been designated as a technical service provider for approval of the United Nations Economic Commission for Europe (UNECE) R155 and R156 regulations by the Netherlands Vehicle Authority (RDW). These regulations focus on cybersecurity and software updates for automotive systems, becoming mandatory for all new vehicles produced for UNECE countries starting July 2024. With this approval, Keysight aims to enhance vehicle safety, security, and compliance across the automotive supply chain.
Keysight Technologies, Inc. introduces pulse generator software for its FieldFox handheld analyzers, making it the only handheld device with an embedded signal generator up to 54 GHz. This software application offers a wide range of pulse types, from FM chirps to continuous wave signals, supporting various field applications such as radar testing and automotive radar simulation.
Keysight Technologies, Inc. (KEYS) and ETAS partner to enhance automotive cybersecurity with the integration of ETAS' fuzz testing software 'ESCRYPT CycurFUZZ' into Keysight's Automotive Cybersecurity Test Platform Solution. This collaboration aims to provide automakers and suppliers with a comprehensive cybersecurity solution to ensure the safety and security of connected vehicles. By incorporating CycurFUZZ, automakers can conduct comprehensive fuzz testing through CAN interfaces, effectively identifying vulnerabilities and weaknesses in automotive systems. Moreover, the integration enables compliance with international cybersecurity regulations such as UN R-155 and ISO/SAE 21434.
Keysight Technologies, Inc. introduces a new automated solution to test post-quantum cryptography, addressing the demand for improved security in the post-quantum era. This solution enables vendors to identify and fix hardware vulnerabilities, test the latest post-quantum cryptography algorithms, and provide certification services through Keysight Inspector.
Keysight Technologies, Inc. (NYSE: KEYS) has secured new test case validations for non-terrestrial networks (NTN) using narrowband internet of things (NB-IoT) technology. These validations cover transmitter and receiver, demodulation, and radio resource management, supporting certification testing at Global Certification Forum (GCF) Recognized Test Organizations. Keysight achieved a record number of new test case validations at Conformance Agreement Group #78 meeting. The company's NTN solutions enable NB-IoT NTN certification testing, supporting the convergence of terrestrial and non-terrestrial networks for global coverage and new use cases in the telecommunications industry.
Keysight Technologies, Inc. (NYSE: KEYS) will announce its financial results for the second quarter ending April 30, 2024, on Monday, May 20, 2024. The company will hold a conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results, which will be webcast live on the investor relations website. Investors can access the call via phone or webcast.
FAQ
What is the current stock price of Keysight Technologies (KEYS)?
What is the market cap of Keysight Technologies (KEYS)?
What does Keysight Technologies specialize in?
What are some of Keysight Technologies’ recent achievements?
What current projects is Keysight Technologies involved in?
How is Keysight Technologies' financial condition?
Who are some of Keysight Technologies' partners?
What types of products does Keysight Technologies offer?
How does Keysight Technologies contribute to the deployment of new technologies?
What industries does Keysight Technologies serve?
What is Keysight Technologies' approach to research and development?
Where can I find the latest news about Keysight Technologies?
