Summary
Keysight Technologies, Inc. (KEYS) filed an 8-K on February 19, 2015, to report its financial results for the first fiscal quarter ended January 31, 2015. The filing primarily serves to attach a press release detailing these results. Importantly, Keysight emphasizes its use of non-GAAP financial information, stating it provides a more meaningful view of operational performance and future prospects by excluding items such as amortization and share-based compensation. This non-GAAP view is presented alongside GAAP results to offer investors a more comprehensive understanding, as used by management for internal and competitive comparisons.
Key Highlights
- 1Keysight Technologies reported financial results for its first fiscal quarter ended January 31, 2015, via a press release filed as an exhibit.
- 2The company utilizes and provides non-GAAP financial information to offer supplemental insights into operational performance and future outlook.
- 3Non-GAAP measures are presented to give investors insight into how management assesses core financial performance.
- 4Exclusions in non-GAAP reporting include items like amortization and share-based compensation, which can materially impact GAAP figures.
- 5Management monitors excluded GAAP items but does not use them for measuring ongoing operating performance.
- 6The non-GAAP information provided by Keysight may differ from that of other companies.
- 7The press release (Exhibit 99.1) contains the detailed financial results and explanations of non-GAAP measures.