Keysight Reports 23% Q1 Revenue Growth, Stock Soars to $305 High
Keysight Technologies posted fiscal Q1 revenue of $1.60 billion, up 23% year-over-year, with segment revenue surging 66% to $281 million, driving its stock to an intraday record of $305.37. For Q2 it forecasts revenue of $1.69–$1.71 billion (+30% yoy) and non-GAAP EPS of $2.27–$2.33.
1. Strong Q1 Financial Results
Keysight reported fiscal Q1 revenue of $1.60 billion, a 23% increase from $1.298 billion a year earlier. Segment revenue jumped 66% to $281 million, reflecting robust demand across its measurement solutions and services.
2. Stock Reaction to Earnings
Shares of Keysight surged to an intraday high of $305.37, closing up 23.05% at $301.48, marking its highest-ever closing level. The record rally underscores investor enthusiasm for the company’s outsized top-line growth.
3. Guidance for Next Quarter
For fiscal Q2, Keysight forecasts revenue between $1.69 billion and $1.71 billion, implying 30% year-over-year growth at the midpoint, and non-GAAP EPS of $2.27 to $2.33. Management cited multi-year investments as key to sustaining momentum across AI and communication markets.