Reported about 17 hours ago
Keysight Technologies surpassed Wall Street predictions for second-quarter revenue and profit, fueled by strong sales in its communications division, resulting in a 5% increase in its share value. The company reported earnings of $1.70 per share, above the estimated $1.65, with communication sales hitting $913 million, up 9% year-over-year. Overall revenue rose 7.4% to $1.31 billion, exceeding forecasts, and Keysight raised its annual revenue growth target to 5%-7%.
Source: YAHOO