Keysight Technologies Inc (KEYS) reported quarterly earnings results on Thursday, May-19-2016. The company said it had a profit of $0.61 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.56. The company posted revenue of $731.00 million in the period, compared to analysts expectations of $716.36 million. The company’s revenue was down -1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 EPS.
Many Wall Street Analysts have commented on Keysight Technologies Inc. Keysight Technologies Inc was Downgraded by Goldman to ” Sell” on Mar 9, 2016.
Keysight Technologies Inc opened for trading at $25.93 and hit $26.36 on the upside on Monday, eventually ending the session at $26.27, with a gain of 1.12% or 0.29 points. The heightened volatility saw the trading volume jump to 19,68,268 shares. Company has a market cap of $4,500 M.
In a different news, on Jan 11, 2016, Neil Dougherty (SVP and CFO) sold 11,307 shares at $26.76 per share price. According to the SEC, on Sep 11, 2015, Soon Chai Gooi (SVP) sold 21,993 shares at $33.12 per share price.
Keysight Technologies Inc provides electronic measurement solutions to the communications and electronics industries. The Company provides electronic measurement instruments and systems and related software software design tools and related services that are used in the design development manufacture installation deployment and operation of electronics equipment. The Company also offers customization consulting and optimization services throughout the customer’s product lifecycle. The Companys measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design development manufacture installation deployment and operation of electronics equipment. It provides start-up assistance consulting optimization and application support throughout the customer’s product lifecycle.