Keysight Technologies Inc. Bottom Line Declines 10% In Q4

(RTTNews) - Keysight Technologies Inc. (KEYS) announced earnings for fourth quarter that declined from last year.

The company said its earnings came in at $110 million, or $0.64 per share. This was down from $122 million, or $0.71 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.7% to $751 million. This was down from $756 million last year.

Keysight Technologies Inc. earnings at a glance:

-Earnings (Q4): $110 Mln. vs. $122 Mln. last year. -Earnings Decline (Y-o-Y): -9.8% -EPS (Q4): $0.64 vs. $0.71 last year. -EPS Decline (Y-o-Y): -9.9% -Analysts Estimate: $0.64 -Revenue (Q4): $751 Mln vs. $756 Mln last year. -Revenue Change (Y-o-Y): -0.7%

-Guidance: Next quarter EPS guidance: $0.49 - $0.63 Next quarter revenue guidance: $706 Mln - $746 Mln