Keysight stock rising on Q3 earnings beat, upbeat guidance

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Keysight Technologies News

Josh Lipton,Julie Hyman,Market Domination

Shares of Keysight Technologies (KEYS) are rising after the company posted its fiscal third quarter earnings, revealing it beat expectations on both the top ...

) are rising after the company posted its fiscal third quarter earnings, revealing it beat expectations on both the top and bottom line and posting $1.22 billion in revenue and non-GAAP net income of $1.57 per share.Beating the street as well, 13% Right now, I mean broadly, JT investors are trying to make sense of the tech spending backdrop right now as businesses try to kind of navigate the macro.Biggest intra day pop, by the way, since August 2019.

And secondly, even though the numbers beat revenue was down year for year, Um, it fell in there, And this is, by the way, they make measurement instruments.Revenue was down 20% year over year Communication solutions revenue down almost 8%.

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