Keysight Technologies Inc. Earnings Rise 3% In Q1

(RTTNews) - Keysight Technologies Inc. (KEYS) announced a profit for its first quarter that rose from last year.

The company said its bottom line climbed to $98 million, or $0.57 per share. This was up from $95 million, or $0.55 per share, in last year's first quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.7% to $726 million. This was up from $721 million last year.

Keysight Technologies Inc. earnings at a glance:

-Earnings (Q1): $98 Mln. vs. $95 Mln. last year. -Earnings Growth (Y-o-Y): 3.2% -EPS (Q1): $0.57 vs. $0.55 last year. -EPS Growth (Y-o-Y): 3.6% -Analysts Estimate: $0.56 -Revenue (Q1): $726 Mln vs. $721 Mln last year. -Revenue Change (Y-o-Y): 0.7%

-Guidance: Next quarter EPS guidance: $0.54 - $0.68 Next quarter revenue guidance: $720 - $760 Mln