Keysight Technologies Inc. Q2 adjusted earnings Inline With Estimates

(RTTNews) - Keysight Technologies Inc. (KEYS) reported a profit for its second quarter that climbed from last year.

The company's bottom line totaled $64 million, or $0.34 per share. This compares with $49 million, or $0.27 per share, in last year's second quarter.

Excluding items, Keysight Technologies Inc. reported adjusted earnings of $158 million or $0.83 per share for the period.

Analysts had expected the company to earn $0.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 31.5% to $990 million from $753 million last year.

Keysight Technologies Inc. earnings at a glance:

-Earnings (Q2): $158 Mln. vs. $114 Mln. last year. -EPS (Q2): $0.83 vs. $0.64 last year. -Analysts Estimate: $0.83 -Revenue (Q2): $990 Mln vs. $753 Mln last year.

-Guidance: Next quarter EPS guidance: $0.72 - $0.82 Next quarter revenue guidance: $942 - $972 Mln