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.