Summary
Keysight Technologies, Inc. (KEYS), a spin-off from Agilent Technologies, Inc., officially became an independent publicly-traded company on November 1, 2014. The company provides electronic measurement solutions, encompassing instruments, systems, software, and services, catering to the communications and electronics industries. For fiscal year 2014, Keysight reported net revenue of $2.9 billion, with 64% generated from international markets. The company operates through two segments: Measurement Solutions, which accounts for the majority of revenue, and Customer Support and Services. Keysight's strategy focuses on investing in product development, particularly in wireless communication, modular solutions, and software, to address evolving market demands driven by faster data rates and new technology standards. The company highlights its 75-year legacy of innovation, technology leadership, a broad product portfolio, commitment to quality, a large customer installed base, and a global sales channel as key strengths. Despite a competitive landscape, Keysight is positioned to leverage its expertise to drive future growth. Investors should note the significant R&D expenditures and the company's focus on new product introductions to maintain its competitive edge in a rapidly changing technological environment. The company also raised $1.1 billion in senior notes in October 2014 to fund its operations and liquidity needs.
Financial Highlights
53 data points| Revenue | $2.93B |
| Cost of Revenue | $1.31B |
| Gross Profit | $1.62B |
| R&D Expenses | $361.00M |
| SG&A Expenses | $790.00M |
| Operating Expenses | $2.46B |
| Operating Income | $469.00M |
| Interest Expense | $3.00M |
| Net Income | $392.00M |
| EPS (Basic) | $2.35 |
| EPS (Diluted) | $2.35 |
| Shares Outstanding (Basic) | 167.00M |
| Shares Outstanding (Diluted) | 167.00M |
Key Highlights
- 1Keysight Technologies, Inc. was established as an independent publicly traded company on November 1, 2014, following its spin-off from Agilent Technologies, Inc.
- 2The company generated $2.9 billion in net revenue for fiscal year 2014, with 64% derived from international markets.
- 3Keysight operates two key segments: Measurement Solutions (hardware and software) and Customer Support and Services (repair, calibration, and used equipment resale).
- 4The company's strategic focus includes significant investment in R&D for wireless communication solutions, modular offerings, and software to meet evolving market demands.
- 5Keysight emphasizes its 75-year history, technology leadership, broad product portfolio, and strong customer relationships as core competitive strengths.
- 6The company raised $1.1 billion in senior notes in October 2014 to support its financial needs.
- 7Research and Development (R&D) expenses were $361 million in fiscal year 2014, reflecting a commitment to innovation and product development.