8-KOther EventsExhibits & Filings

Keysight Technologies, Inc. 8-K Report, Corporate Update (Aug 3, 2016)

Filed August 3, 2016For Securities:KEYS

Summary

Keysight Technologies, Inc. (KEYS) filed an 8-K on August 3, 2016, to announce a change in its segment reporting structure, effective immediately. This change is detailed in an accompanying press release (Exhibit 99.1) which provides historical segment information for prior fiscal quarters and years. Investors should note that this filing is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, meaning it does not carry the same legal liabilities as a formally filed document. The primary impact for investors is a clearer understanding of how Keysight will be reporting its financial performance across different business segments going forward. While the press release itself is the key driver of information, the 8-K serves as the official notification of this change and includes retroactively presented segment data to allow for comparative analysis. Investors should review Exhibit 99.1 for the specific details of the new segment structure and its historical performance.

Key Highlights

  • 1Keysight Technologies announced a change to its segment reporting structure.
  • 2The new reporting structure is effective immediately as of August 3, 2016.
  • 3A press release (Exhibit 99.1) details the changes and includes historical segment financial data.
  • 4Historical segment information is provided for fiscal quarters ending January 31, April 30, July 31, and October 31 for fiscal years 2014, 2015, and 2016 (where applicable).
  • 5The filing is furnished, not filed, and is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934.
  • 6Information in this report will not be incorporated by reference into future registration statements or filings unless explicitly stated.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and provide details about a change in Keysight Technologies' segment reporting structure, accompanied by historical financial data for the new segments.

Exhibit 99.1 is the press release attached to the 8-K filing. It is important because it contains the specific details of the new segment reporting structure and provides historical financial information for these segments, allowing investors to analyze trends and performance under the revised structure.

No, the filing explicitly states that the information is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. This means it does not carry the same legal liabilities as a formally filed report, although it serves as an important disclosure to investors.

The historical segment data provided in Exhibit 99.1 covers selected fiscal quarters ended January 31, April 30, July 31, and October 31 for the fiscal years 2014, 2015, and 2016 (where applicable), as well as fiscal years ended October 31, 2014 and 2015.