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Keysight: Fiscal Q4 Earnings Snapshot

Keysight: Fiscal Q4 Earnings Snapshot

SANTA ROSA, Calif. (AP) — SANTA ROSA, Calif. (AP) — Keysight Technologies Inc. (KEYS) on Monday reported fiscal fourth-quarter net income of $226 million.

The Santa Rosa, California-based company said it had net income of $1.28 per share. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, came to $1.99 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share.

The electronic measurement technology company posted revenue of $1.31 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.3 billion.