- Keysight Technologies has published its financial results for the second fiscal quarter ended April 30, 2025.
- Keysight’s second-quarter sales totaled $1.31 billion. Sales for the third fiscal quarter 2025 are expected to be between $1.305 and $1.325 billion.
“Keysight delivered strong second quarter results with revenue and earnings per share above the high end of guidance. This quarter’s performance underscores the strength of our long-term strategy, deep customer engagement and disciplined execution,” said Satish Dhanasekaran, Keysight’s President and CEO. “Even as we are monitoring the overall macroeconomic environment, we continue to see a healthy funnel of opportunities and are raising full-year growth expectations to the midpoint of our long-term 5-7% target.”
Second Quarter Financial Summary
- Revenue was $1.31 billion, compared with $1.22 billion in the second quarter of 2024.
- GAAP net income was $257 million, compared with $126 million, in the second quarter of 2024.
- Non-GAAP net income was $295 million, compared with $247 million in the second quarter of 2024.
- Cash flow from operations was $484 million, compared to $110 million last year. Free cash flow was $457 million, compared to $74 million in the second quarter of 2024.
- As of April 30, 2025, cash and cash equivalents totaled $3.12 billion.
(*)GAAP : Generally Accepted Accounting Principles
- Communications Solutions Group (CSG)
CSG reported revenue of $913 million in the second quarter, up 9 percent from the prior year, reflecting 9 percent growth in commercial communications and 9 percent growth in aerospace, defense, and government. - Electronic Industrial Solutions Group (EISG)
EISG reported revenue of $393 million in the second quarter, up 5 percent from the prior year, reflecting growth in semiconductor and general electronics, which was partially offset by a decline in automotive and energy.