Summary
Keysight Technologies, Inc. (KEYS) filed an 8-K on February 18, 2021, to announce its financial results for the first fiscal quarter ended January 31, 2021. The filing includes a press release (Exhibit 99.1) detailing these results and provides a comprehensive explanation of the company's use of non-GAAP financial measures. These non-GAAP measures are presented to offer investors a clearer view of operational performance and management's perspective on the company's core financial health and future outlook, excluding items like amortization, share-based compensation, and acquisition-related costs. The press release is the primary source of detailed financial performance for the quarter. Investors should focus on the reported revenue, earnings per share (both GAAP and non-GAAP), and any forward-looking guidance provided in Exhibit 99.1. The company emphasizes that its non-GAAP reporting offers supplemental insights and may differ from how other companies present similar metrics. The filing also includes necessary XBRL exhibits for data interaction.
Key Highlights
- 1Keysight Technologies reported its Q1 fiscal year 2021 financial results on February 18, 2021, via an 8-K filing.
- 2The primary information is contained within the press release attached as Exhibit 99.1.
- 3The company provided an explanation of its use of non-GAAP financial measures, stating they offer supplemental insights into operational performance and management's view.
- 4Non-GAAP measures exclude items such as amortization, share-based compensation, acquisition and integration costs, and restructuring costs.
- 5Investors are encouraged to review the non-GAAP data alongside GAAP results for a comprehensive understanding.
- 6The filing also includes XBRL exhibits for interactive data reporting.