Revenue Update on Keysight Technologies Inc(NYSE:KEYS)

Keysight Technologies Inc(NYSE:KEYS) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Nov 17, 2016. Company reported revenue of $751.00M. Analysts estimated a revenue of $736.94M. The revenues were $14.06M or 1.91% above the estimates. Earnings per share were $0.64. Analysts had estimated an EPS of $0.64.

In a different note, On Sep 19, 2016, Deutsche Bank said it Upgrades its rating on Keysight Technologies Inc. The shares have been rated ‘Buy’ by the firm.

Keysight Technologies Inc (KEYS) made into the market gainers list on Mondays trading session with the shares advancing 1.90% or 0.67 points. Due to strong positive momentum, the stock ended at $35.89, which is also near the day’s high of $36.52. The stock began the session at $35.3 and the volume stood at 10,35,224 shares. The 52-week high of the shares is $36.52 and the 52 week low is $21.071. The company has a current market capitalization of $6,091 M and it has 16,97,00,000 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Michael Gasparian (SVP) sold 4,382 shares at $31.00 per share price.Also, On Jan 11, 2016, Neil Dougherty (SVP and CFO) sold 11,307 shares at $26.76 per share price.On Sep 11, 2015, Soon Chai Gooi (SVP) sold 21,993 shares at $33.12 per share price, according to the Form-4 filing with the securities and exchange commission.

Keysight Technologies Inc provides electronic measurement solutions to the communications and electronics industries. The Company provides electronic measurement instruments and systems and related software software design tools and related services that are used in the design development manufacture installation deployment and operation of electronics equipment. The Company also offers customization consulting and optimization services throughout the customer’s product lifecycle. The Company’s measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design development manufacture installation deployment and operation of electronics equipment. It provides start-up assistance consulting optimization and application support throughout the customer’s product lifecycle.

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