Keysight Technologies Inc. shares fell more than 7% in extended trading Tuesday after beating Wall Street estimates on first-quarter profit and revenue but...
Keysight Technologies Inc.
shares fell more than 7% in extended trading Tuesday after beating Wall Street estimates on first-quarter profit and revenue but falling short of expectations on its revenue outlook. The electronic design and test solutions company reported first-quarter net income of $260 million, or $1.45 a share, compared with $229 million, or $1.24 a share, in the year-ago period. Adjusted for stock-based compensation, acquisition-related and other costs, earnings were $2.02 a share. Revenue rose to $1.
shares fell more than 7% in extended trading Tuesday after beating Wall Street estimates on first-quarter profit and revenue but falling short of expectations on its revenue outlook. The electronic design and test solutions company reported first-quarter net income of $260 million, or $1.45 a share, compared with $229 million, or $1.24 a share, in the year-ago period. Adjusted for stock-based compensation, acquisition-related and other costs, earnings were $2.02 a share. Revenue rose to $1.
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