8-KEarnings & ResultsExhibits & Filings

Keysight Technologies, Inc. 8-K Report, Financial Results (Mar 1, 2018)

Filed March 1, 2018For Securities:KEYS

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.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce Keysight Technologies' financial results for the first fiscal quarter ended January 31, 2018, and to provide supplemental non-GAAP financial information to investors.

Keysight provides non-GAAP financial information to offer a more meaningful view of its operational performance and to enhance investors' understanding of the company's core financial performance and future prospects. Management uses these measures to assess ongoing operations and for comparisons.

Keysight's non-GAAP financial results typically exclude items such as acquisition and integration costs, amortization, and share-based compensation, which may materially affect GAAP results but are not considered indicative of ongoing operating performance by management.

The detailed financial results and explanations of the non-GAAP financial measures are provided in the press release attached as Exhibit 99.1 to this 8-K filing.