Keysight Technologies, Inc. (KEYS) Monday reported fourth-quarter profit of $229 million or $1.33 per share, compared with a net loss of $73 million or $0.42 per share in the fourth quarter of 2024.
Adjusted net income was $331 million or $1.91 per share, compared with $288 million or $1.65 per share in the fourth quarter of 2024.
Revenues for the fourth quarter were $1.42 billion, compared with $1.29 billion last year.
Keysight's first-quarter revenue is expected to be in the range of $1.53 billion to $1.55 billion, and adjusted earnings per share for the first fiscal quarter of 2026 are expected to be in the range of $1.95 to $2.01.
Keysight also announced that its Board of Directors authorized a new share repurchase program for up to $1.5 billion of its common stock. The new repurchase program is effective immediately and replaces the previous program.
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