SANTA ROSA, Calif. (AP) — SANTA ROSA, Calif. (AP) — Keysight Technologies Inc. (KEYS) on Thursday reported fiscal third-quarter earnings of $288 million.
On a per-share basis, the Santa Rosa, California-based company said it had profit of $1.61. Earnings, adjusted for pretax expenses and stock option expense, came to $2.19 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.
The electronic measurement technology company posted revenue of $1.38 billion in the period, which met Street forecasts.
For the current quarter ending in October, Keysight expects its per-share earnings to range from $1.83 to $1.89.
The company said it expects revenue in the range of $1.29 billion to $1.31 billion for the fiscal fourth quarter.
Keysight expects full-year earnings to be $8.19 per share, with revenue expected to be $5.45 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KEYS at https://www.zacks.com/ap/KEYS
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