Published on 23 Nov 2021 on Zacks via Yahoo Finance

Keysight (KEYS) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

Keysight Technologies KEYS reported fourth-quarter fiscal 2021 non-GAAP earnings of $1.82 per share, outpacing the Zacks Consensus Estimate by 10.3% and increasing 12.3% year over year.Revenues increased 6% year over year to $1.29 billion, surpassing the Zacks Consensus Estimate by 1.4%. The upside can be attributed to double-digit growth across segments as well as geographies served.Core revenues (excluding the impact of currency and revenues from acquisitions in a year’s time) rose 5% on a year-over-year basis.Keysight shares have returned 45.3% year to date, underperforming the Zacks Electronics- Measuring Instruments industry’s return of 169.5% but outperforming the Computer & Technology sector’s return of 28.5%.

Top Line in Detail

Orders increased 21% on a year-over-year basis to $1.49 billion in the reported quarter.