8-KEarnings & ResultsExhibits & Filings

Keysight Technologies, Inc. 8-K Report, Financial Results (Aug 21, 2019)

Filed August 21, 2019For Securities:KEYS

Summary

Keysight Technologies, Inc. (KEYS) announced its financial results for the third fiscal quarter ended July 31, 2019, via a press release furnished as part of this 8-K filing. The company provided both GAAP and non-GAAP financial information, emphasizing that non-GAAP measures are used to offer a clearer view of operational performance and aid investor understanding of core financial results and future prospects. These non-GAAP figures exclude items such as amortization, share-based compensation, acquisition costs, and restructuring expenses, which management believes do not reflect the ongoing operational performance of the company. The primary purpose of this filing is to disclose the company's quarterly financial performance. Investors should pay close attention to the detailed financial metrics presented in the accompanying press release (Exhibit 99.1) to understand the company's revenue, profitability, and any forward-looking guidance. The company stresses that its non-GAAP information is a supplemental view and may differ from definitions used by other companies.

Key Highlights

  • 1Keysight Technologies reported its financial results for the third fiscal quarter ended July 31, 2019.
  • 2The company furnished its earnings press release as Exhibit 99.1 to the 8-K filing.
  • 3Both GAAP and non-GAAP financial measures are provided to offer a comprehensive view of performance.
  • 4Non-GAAP financial information is presented to enhance investor understanding of core operations and future prospects.
  • 5Key exclusions in non-GAAP reporting include amortization of acquisition-related balances, share-based compensation, and acquisition/integration costs.
  • 6The filing states that non-GAAP information is not a substitute for GAAP and may differ from other companies' non-GAAP measures.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and provide investors with Keysight Technologies' financial results for the third fiscal quarter ended July 31, 2019. It includes the company's earnings press release.

Keysight provides non-GAAP financial information to offer supplemental insights into their operational performance and to help investors better understand the company's core financial performance and future prospects. Management uses these measures internally to assess performance and for comparison with historical results and competitors.

Expenses excluded from Keysight's non-GAAP results include, but are not limited to, amortization of acquisition-related balances, share-based compensation, acquisition and integration costs, restructuring and related costs, and Northern California wildfire-related costs.

The detailed financial results are presented in the press release furnished as Exhibit 99.1 to this 8-K filing.