Keysight Q3 Beats Guidance With Record Revenue, Margin and Cash Flow
On August 18, Keysight Technologies delivered a fiscal third quarter that topped the high end of its guidance. The Electronic Industrial Solutions Group reported record $501 million revenue (+21%) with double-digit order growth, while aerospace, defense and government rose 14% to $339 million. Operating margin increased to 33.2% and free cash flow climbed to $403 million from $291 million.