Summary
Keysight Technologies, Inc. (KEYS) filed an 8-K on August 20, 2024, to report its financial results for the third fiscal quarter ended July 31, 2024. The filing primarily consists of a press release (Exhibit 99.1) detailing these results and providing management's perspective on operational performance. Investors should note that Keysight utilizes non-GAAP financial information to offer a clearer view of its core operational performance, excluding items such as amortization, share-based compensation, and acquisition-related costs. This approach aims to provide supplemental insights for better understanding of the company's ongoing financial health and future prospects, complementing the standard GAAP reporting.
Key Highlights
- 1Keysight Technologies reported its financial results for the third fiscal quarter ended July 31, 2024.
- 2The company utilizes non-GAAP financial measures to provide supplemental insights into operational performance.
- 3Non-GAAP measures exclude items like amortization, share-based compensation, and acquisition costs for a clearer view of ongoing performance.
- 4The press release (Exhibit 99.1) contains the detailed financial results and management's commentary.
- 5This information is furnished and not deemed 'filed' under Section 18 of the Exchange Act, meaning it does not carry the same legal implications for liability purposes.
- 6The company believes non-GAAP reporting enhances investor understanding of core financial performance and future prospects.
Frequently Asked Questions
The main purpose of this 8-K filing is to report Keysight Technologies' financial results for the third fiscal quarter ended July 31, 2024, through an accompanying press release.
Keysight provides non-GAAP financial information to offer investors a more meaningful understanding of its operational performance and core financial health by excluding certain items like amortization, share-based compensation, and acquisition costs. Management uses these measures to assess performance and provide guidance.
No, the information in the press release furnished as Exhibit 99.1 is considered 'furnished,' not 'filed.' This means it is not subject to the liabilities associated with Section 18 of the Securities Exchange Act of 1934, and it is not automatically incorporated by reference into other SEC filings.
The detailed financial results and management's commentary for the third fiscal quarter ended July 31, 2024, are provided in the press release attached as Exhibit 99.1 to this 8-K filing.