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Keysight Technologies Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Sets Q3 Guidance; Shares Gain After-Hours

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Keysight Technologies (KEYS) reported fiscal Q2 non-GAAP net income late Tuesday of $2.87 per diluted share, up from $1.70 a year earlier.

Analysts polled by FactSet expected $2.32.

Revenue for quarter ended April 30 rose to $1.72 billion from $1.31 billion a year earlier.

Analysts surveyed by FactSet expected $1.71 billion.

The company expects fiscal Q3 non-GAAP EPS of $2.43 to $2.49 on revenue of $1.73 billion to $1.75 billion. Analysts expect $2.16 and $1.65 billion, respectively.

Shares of Keysight Technologies were up almost 9% in after-hours activity.

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