Keysight (KEYS) Q3 Earnings Beat Estimate Despite Lower Revenues
KEYSKeysight Technologies(KEYS) ZACKS·2024-08-22 02:15

Keysight Inc. (KEYS) reported relatively strong third-quarter fiscal 2024 results, with the bottom and the top lines surpassing the respective Zacks Consensus Estimate. However, the company reported a top-line decline year over year. Weakness in multiple end markets, including general electronics, semiconductor and automotive, impeded the net sales growth. Strong demand for AI related network data center infrastructure solutions and healthy momentum in software and services partially cushioned the top line. ...