AI English summary of an SEC filing — figures as filed
Keysight Technologies KEYSKeysight recorded orders of $1,263 million (up 4%) and revenue of $1,298 million (up 3%) for the 3 months ended January 31, 2025, with net income of $169 million compared to $172 million in the same period last year.
Key points
AI summaryKeysight recorded orders of $1,263 million (up 4%) and revenue of $1,298 million (up 3%) for the 3 months ended January 31, 2025, with net income of $169 million compared to $172 million in the same period last year.
The company cited losses on derivative instruments, unfavorable mix and higher R&D expense as factors in the net income decline, and said gross margin and operating margin each decreased 1 percentage point compared to the same period last year.
Keysight said CSG revenue increased 5% and EISG revenue decreased 1%, with CSG representing 68% and EISG 32% of total revenue. The company cited higher investments in high-speed networks to support increasing demand for AI capabilities and higher investment in aerospace and defense solutions as drivers of the CSG increase.
The company said net cash provided by operating activities increased $50 million compared to the same period last year, and as of January 31, 2025 the remaining authorization under its share repurchase program (authorized amount $1,500 million) was $410 million.
Key figures
Quarter ended January 31, 2025
- Revenue
- $1.3B
- Operating income
- $218M
- Net income
- $169M
- EPS
- $0.97
- Operating cash flow
- $378M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Quarterly revenue $1,298 million, net income $169 million
Keysight recorded orders of $1,263 million (up 4%) and revenue of $1,298 million (up 3%) for the 3 months ended January 31, 2025, with net income of $169 million compared to $172 million in the same period last year.
Source · Based on the MD&A text of the filing
Net income decline factors and margin changes
The company cited losses on derivative instruments, unfavorable mix and higher R&D expense as factors in the net income decline, and said gross margin and operating margin each decreased 1 percentage point compared to the same period last year.
Source · Based on the MD&A text of the filing
Segment revenue: CSG up 5%, EISG down 1%
Keysight said CSG revenue increased 5% and EISG revenue decreased 1%, with CSG representing 68% and EISG 32% of total revenue. The company cited higher investments in high-speed networks to support increasing demand for AI capabilities and higher investment in aerospace and defense solutions as drivers of the CSG increase.
Source · Based on the MD&A text of the filing
Operating cash flow and remaining share repurchase authorization
The company said net cash provided by operating activities increased $50 million compared to the same period last year, and as of January 31, 2025 the remaining authorization under its share repurchase program (authorized amount $1,500 million) was $410 million.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…