• Keysight Technologies announced its financial results for the third fiscal quarter ended July 31, 2022.
• Its quarterly revenue was up 10% to $1.38 billion.
• The U.S. firm estimates its fiscal fourth quarter 2022 revenue to be between $1.38 billion and $1.40 billion.

 
Orders grew 12 percent to reach $1.46 billion, compared with $1.31 billion last year, or 14 percent on a core basis, which excludes the impact of foreign currency changes and orders associated with businesses acquired or divested within the last twelve months.

Revenue grew 10 percent to reach $1.38 billion, compared with $1.25 billion last year, or 13 percent on a core basis, which excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months.

GAAP net income was $338 million, compared with $254 million, in the third quarter of 2021.

Non-GAAP net income was $363 million, compared with $286 million in the third quarter of 2021.

As of July 31, 2022, cash and cash equivalents totaled $1.85 billion.

• Communications Solutions Group (CSG)
  CSG segment reported revenue of $970 million in the third quarter, up 11 percent over last year, with strength in 5G, O-RAN, 400G, 800G, and high-speed digital applications, as well as cyber, space and satellite solutions.
• Electronic Industrial Solutions Group (EISG)
  EISG segment reported revenue of $406 million in the third quarter, up 10 percent over last year, driven by general electronics, semiconductor measurement solutions, and next-generation automotive and energy solutions. EISG reported growth across all regions.