US49338L1035 - Common Stock
KEYSIGHT TECHNOLOGIES IN
NYSE:KEYS (11/21/2024, 2:31:15 PM)
170.265
+4.78 (+2.89%)
Keysight Technologies, Inc. engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. The company is headquartered in Santa Rosa California, California and currently employs 15,400 full-time employees. The company went IPO on 2014-10-20. The firm is primarily engaged in providing electronic design and test solutions. The company operates through two segments: Communications Solutions Group (CSG) and Electronics Industrial Solutions Group (EISG). Its CSG segment serves customers, including commercial communications and aerospace, defense, and government end markets. Its CSG’s solutions consist of electronic design and test software, electronic measurement instruments, systems and related services. The Company’s EISG segment provides test and measurement solutions and related services across a set of electronic industrial end markets, focusing on applications in the automotive and energy industries and measurement solutions for consumer electronics, education, general electronics design and manufacturing, and semiconductor design and manufacturing. The firm also offers customization, consulting and optimization services throughout the product development lifecycle.
KEYSIGHT TECHNOLOGIES IN
1400 Fountaingrove Pkwy
Santa Rosa California CALIFORNIA 95403
P: 18774244536
CEO: Ronald S. Nersesian
Employees: 15400
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
Shares of electronic measurement provider Keysight (NYSE:KEYS) jumped 11.7% in the morning session after the company reported strong third-quarter results, exceeding Wall Street's sales and earnings forecasts. Orders were strong, up sequentially, and ahead of analysts' expectations, driven by robust AI-related demand and strong year-end bookings in U.S. Aerospace, Defense, and Government businesses. However, there was a slight shortfall in backlogs compared to expectations, though it did not offset the positive momentum. Management noted that the demand environment might remain mixed, at least in the short term. Encouragingly, the company was able to provide solid guidance for the next quarter, with sales and EPS forecasts ahead of consensus estimates. Zooming out, we think this was a very solid quarter, highlighting the company's strong execution and resilience.
Let's delve into the developments on the US markets in the middle of the day on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
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