Keysight said revenue for the quarter ended July 31, 2025 was $1,352 million, an increase of 11% compared to the same quarter last year, and revenue for the 9 months was $3,956 million, an increase of 7%. Orders for the same quarter were $1,340 million, an increase of 7%.

1. 01

   Keysight said revenue for the quarter ended July 31, 2025 was $1,352 million, an increase of 11% compared to the same quarter last year, and revenue for the 9 months was $3,956 million, an increase of 7%. Orders for the same quarter were $1,340 million, an increase of 7%.

2. 02

   The company said net income for the quarter was $191 million, compared to $389 million in the same quarter last year, and net income for the 9 months was $617 million, compared to $687 million in the same period last year. It cited as factors for the decrease a prior year income tax benefit from one-time discrete tax items, higher people-related costs and the net impact of tariffs.

3. 03

   Keysight said it issued 2030 Senior Notes with a maturity date of April 2025, dated July 30, 2030, bearing a fixed rate of 5.35%, in an aggregate principal amount of $750 million. The company said the net proceeds are restricted to support a planned acquisition and are held in a designated money market fund.

4. 04

   Keysight said it is pursuing the acquisition of Spirent for a cash consideration of 199 pence per share, valued at $1,463 million on a fully diluted basis. The company said the China State Administration for Market Regulation is conducting its review, and it expects the transaction to close by the end of Q4 of fiscal 2025, subject to completion of the review.

Key figures

Quarter ended July 31, 2025

Revenue

$1.4B

Operating income

$234M

Net income

$191M

EPS

$1.10

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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