SANTA ROSA, Calif. (AP) — SANTA ROSA, Calif. (AP) — Keysight Technologies Inc. (KEYS) on Tuesday reported fiscal second-quarter earnings of $257 million.
The Santa Rosa, California-based company said it had profit of $1.49 per share. Earnings, adjusted for one-time gains and costs, were $1.70 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.
The electronic measurement technology company posted revenue of $1.32 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.28 billion.
For the current quarter ending in July, Keysight expects its per-share earnings to range from $1.63 to $1.69.
The company said it expects revenue in the range of $1.31 billion to $1.33 billion for the fiscal third quarter.
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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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