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Technology | Scientific & Technical Instruments | USA

Keysight Technologies Reports Third Quarter 2019 Results

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hird Quarter Financial Summary

GAAP revenue grew 8 percent to reach $1,087 million, when compared with $1,004 million last year.

Non-GAAP revenue grew 8 percent to reach $1,088 million. Non-GAAP core revenue, which also excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months, increased 9 percent.

GAAP net income was $159 million, or $0.83 per share, compared with GAAP net income of $121 million, or $0.63 per share, in the third quarter of 2018. This represents 32 percent year-over-year growth in GAAP earnings per diluted share.

Non-GAAP net income was $239 million, or $1.25 per share, compared with $170 million, or $0.89 per share in the third quarter of 2018. This represents 41 percent year-over-year growth in non-GAAP earnings per diluted share.

As of July 31, 2019, cash and cash equivalents totaled $1,394 million.


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https://finance.yahoo.com/news/keysight-...00953.html

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