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Keysight: Fiscal Q1 Earnings Snapshot

February 17, 2022 GMT

SANTA ROSA, Calif. (AP) _ Keysight Technologies Inc. (KEYS) on Thursday reported fiscal first-quarter profit of $229 million.

On a per-share basis, the Santa Rosa, California-based company said it had net income of $1.24. Earnings, adjusted for one-time gains and costs, were $1.65 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The electronic measurement technology company posted revenue of $1.25 billion in the period, matching Street forecasts.

For the current quarter ending in May, Keysight expects its per-share earnings to range from $1.63 to $1.69.

The company said it expects revenue in the range of $1.29 billion to $1.31 billion for the fiscal second quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KEYS at https://www.zacks.com/ap/KEYS