Summary
Keysight Technologies, Inc. (KEYS) announced its financial results for the first fiscal quarter ended January 31, 2018, via a press release filed on March 1, 2018. The report primarily focuses on providing investors with both GAAP and non-GAAP financial information to offer a more comprehensive view of the company's performance. Management utilizes non-GAAP measures, which exclude items like acquisition and integration costs, amortization, and share-based compensation, to assess ongoing operational performance and facilitate comparisons with historical results and competitors. Investors are encouraged to review the supplemental non-GAAP information, which management believes provides greater transparency and aids in understanding the company's core financial performance and future prospects. While this non-GAAP data is presented to offer insights, it is important to note that it is not prepared in accordance with U.S. GAAP and may differ from non-GAAP measures reported by other companies.
Key Highlights
- 1Keysight Technologies reported its Q1 fiscal 2018 financial results on March 1, 2018.
- 2The company provided both GAAP and non-GAAP financial information for the quarter ended January 31, 2018.
- 3Non-GAAP financial measures are presented to offer supplemental insights into operational performance.
- 4Key exclusions from non-GAAP measures include acquisition/integration costs, amortization, and share-based compensation.
- 5Management uses non-GAAP metrics to evaluate ongoing operating performance and for comparative analysis.
- 6The press release detailing these results is attached as Exhibit 99.1 to the 8-K filing.
- 7Investors should consult Exhibit 99.1 for a detailed explanation of the non-GAAP financial information.