8-KEarnings & ResultsExhibits & Filings

Keysight Technologies, Inc. 8-K Report, Financial Results (Aug 21, 2018)

Filed August 21, 2018For Securities:KEYS

Summary

Keysight Technologies, Inc. (KEYS) filed an 8-K on August 21, 2018, to report its financial results for the third fiscal quarter ended July 31, 2018. The report primarily references a press release (Exhibit 99.1) that details these results. The company emphasizes its use of non-GAAP financial measures to provide supplemental insights into operational performance and future prospects, stating that these measures offer a clearer view of core financial performance as assessed by management, excluding items like share-based compensation, restructuring costs, and acquisition-related expenses. Investors should note that while the press release provides detailed financial figures, the 8-K itself mainly serves as a notification and attachment mechanism for this information. The distinction between GAAP and non-GAAP reporting is highlighted, with management believing non-GAAP metrics better reflect the company's ongoing operational performance. Further details and reconciliations of non-GAAP measures to GAAP can be found within the attached press release.

Key Highlights

  • 1Keysight Technologies announced its financial results for the third fiscal quarter ended July 31, 2018.
  • 2The announcement was made via a press release filed as Exhibit 99.1 to the 8-K.
  • 3The company utilizes and provides non-GAAP financial information to supplement its GAAP reporting.
  • 4Non-GAAP measures are presented to offer investors insights into operational performance and future prospects, as viewed by management.
  • 5Key exclusions from non-GAAP measures include share-based compensation, restructuring costs, and acquisition-related expenses.
  • 6Management uses non-GAAP measures for internal performance comparisons and comparisons with competitors.
  • 7The 8-K filing itself does not contain the detailed financial results but directs investors to the attached press release.

Frequently Asked Questions

This 8-K filing's primary purpose is to report Keysight Technologies' financial results for the third fiscal quarter ended July 31, 2018, by attaching the relevant press release as an exhibit. It also explains the company's use of non-GAAP financial measures.

The specific financial results for the third fiscal quarter ended July 31, 2018, are detailed in the press release attached as Exhibit 99.1 to this 8-K filing. Investors should refer to that document for detailed figures.

Keysight provides non-GAAP financial information to offer a more meaningful supplemental view of its operational performance and future prospects. Management believes these measures, which exclude certain items like share-based compensation and restructuring costs, provide better insight into the company's core ongoing performance than GAAP measures alone.

The filing states that the non-GAAP information provided by Keysight may be different from the non-GAAP information provided by other companies. Investors should consult the accompanying press release for details on how Keysight defines and calculates its non-GAAP measures.