Keysight Technologies Inc. Q4 Earnings Climb 23%

(RTTNews) - Keysight Technologies Inc. (KEYS) released a profit for its fourth quarter that advanced from last year.

The company said its bottom line came in at $135 million, or $0.71 per share. This was up from $110 million, or $0.64 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 rose 16.9% to $878 million. This was up from $751 million last year.

Keysight Technologies Inc. earnings at a glance:

-Earnings (Q4): $135 Mln. vs. $110 Mln. last year. -Earnings Growth (Y-o-Y): 22.7% -EPS (Q4): $0.71 vs. $0.64 last year. -EPS Growth (Y-o-Y): 10.9% -Analysts Estimate: $0.64 -Revenue (Q4): $878 Mln vs. $751 Mln last year. -Revenue Change (Y-o-Y): 16.9%

-Guidance: Next quarter EPS guidance: $0.29 to $0.43 Next quarter revenue guidance: $762 - $802 Mln