Keysight Technologies Inc - KEYS STOCK NEWS

Keysight Technologies has announced that Samsung Semiconductor India Research (SSIR) has adopted its Signaling Field-To-Lab (S-FTL) solution to streamline and automate their 5G field-to-lab workflow in Bengaluru. This solution allows SSIR to significantly reduce the time needed to replicate complex 5G field scenarios in the lab, enhancing the end-user's quality of experience (QoE). The S-FTL solution automates the process of analyzing field logs and creating test cases, enabling SSIR engineers to focus on addressing field issues rather than manual log analysis. This partnership is expected to accelerate the resolution of communication issues, save on validation costs, and improve overall efficiency in the deployment of 5G technologies.

Keysight Technologies (NYSE: KEYS) has been recognized by Forbes as one of the Best Employers for Diversity in 2024, ranking 8th out of 500 U.S.-based companies. This marks the second consecutive year that Keysight has been listed, reflecting its sustained commitment to diversity, equity, and inclusion (DEI). The ranking is based on personal and public recommendations across various diversity dimensions and independent research on company metrics. In FY23, Keysight exceeded its DEI targets, boasting 61.1% of U.S. new hires from underrepresented minorities and increasing women in executive roles to 27.6%. Additionally, over 1,000 STEM kits were delivered. Chief People and Administrative Officer Ingrid Estrada emphasized the importance of DEI as an ongoing journey and committed to further enhancing processes and programs.

Keysight Technologies and SmartViser have partnered to offer a solution for testing the Energy Efficiency Index (EEI) of smartphones and tablets, aligning with the EU's energy labeling mandate effective from June 20, 2025. The combined solution integrates SmartViser's viSer software with Keysight's UXM 5G Wireless Test Platform, allowing device manufacturers to evaluate battery consumption performance. This setup supports multiple wireless formats, including 5G, LTE, eMTC, Wi-Fi, and C-V2X. The collaboration aims to help manufacturers meet regulatory requirements while enhancing device performance and addressing sustainability challenges.

Keysight Technologies and Ericsson have partnered to develop a pre-standard 6G network proof of concept. This prototype, leveraging Ericsson's base station and Keysight's emulated user equipment, will be showcased at the IEEE International Conference on Communications 2024. The demonstration aims to validate a 6G protocol stack by exploring new frequency ranges and higher bandwidths. This collaboration marks an initial step towards refining the 5G protocol stack to support 6G applications. The project seeks to address development challenges, particularly in radio frequency propagation, paving the way for future 6G technologies.

Keysight Technologies will showcase advanced solutions at the 2024 IEEE MTT-S International Microwave Symposium (IMS) from June 16-21, 2024, at the Walter E. Washington Convention Center in Washington, DC.

They will present innovations for optimizing 5G and pioneering 6G, including the new wideband active load-pull capability, AI/ML-enabled EDA, phased array antenna test solutions, and signal source characterization.

Additionally, Keysight will host technical lectures, workshops, and tutorials on various spectrum innovations.

Keysight Technologies has enabled Foxconn Industrial Internet (Fii) to become the first manufacturer to receive the Certificate of Conformance for an outdoor Open Radio Unit (O-RU) from the O-RAN ALLIANCE. This certification was achieved using Keysight's Open RAN Studio solution, which supports the validation of control, user, synchronization, and management planes. The certification ensures the interoperability and compliance of Open RAN equipment. Keysight's solution includes the U5040BSCB Open RAN Studio and the Time Sync Analyzer, which integrate features like high-performance Open Distributed Unit (O-DU) emulation and realistic testing of synchronization planes. This milestone marks a significant step toward the commercial deployment of O-RUs.

Keysight Technologies (NYSE: KEYS) announced participation in upcoming investor conferences.

At the UBS Reshoring and Infrastructure Conference on June 4, 2024, CFO Neil Dougherty and SVP Mark Wallace will hold meetings.

On June 5, 2024, at the Baird Global Consumer, Technology & Services Conference, CFO Neil Dougherty and Kailash Narayanan, President of the Communications Solutions Group, will engage in a fireside chat at 7:50 a.m. PT / 10:50 a.m. ET.

A live webcast of this chat will be available on the Keysight Technologies website, and a replay will be accessible for 90 days.

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.