Summary
Keysight Technologies, Inc. (KEYS) filed an 8-K on August 30, 2017, to report its financial results for the third fiscal quarter ended July 31, 2017. The report primarily directs investors to a press release (Exhibit 99.1) for detailed financial performance. Keysight emphasizes its use of non-GAAP financial information to provide a clearer view of operational performance and core financial results, believing it enhances investor understanding of the company's ongoing performance and future prospects. Investors should note that while the press release offers supplemental non-GAAP measures, these exclude certain items such as acquisition and integration costs, amortization, and share-based compensation. These exclusions are intended to present a view of the company's performance as monitored by management for internal comparisons and guidance. However, these non-GAAP figures are not a substitute for GAAP reporting and may differ from how other companies present their non-GAAP results.
Key Highlights
- 1Keysight Technologies announced its third fiscal quarter financial results for the period ending July 31, 2017.
- 2The company is furnishing its financial results via a press release (Exhibit 99.1) attached to the 8-K filing.
- 3Keysight utilizes and emphasizes non-GAAP financial information to present operational performance.
- 4Non-GAAP measures are intended to provide supplemental insights into core financial performance and future prospects.
- 5Excluded from non-GAAP results are items like acquisition/integration costs, amortization, and share-based compensation.
- 6Management uses non-GAAP metrics for internal performance comparisons, competitor analysis, and investor guidance.
- 7The provided non-GAAP information is not a substitute for GAAP and may differ from other companies' non-GAAP reporting.