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Monday, 08/19/2019 11:19:57 PM

Monday, August 19, 2019 11:19:57 PM

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What's in the Offering for Keysight (KEYS) in Q3 Earnings?

Zacks Equity Research
Zacks August 19, 2019

Keysight Technologies Inc. KEYS is scheduled to release third-quarter fiscal 2019 results on Aug 21. Notably, the company has surpassed earnings estimates in the trailing four quarters, with an average beat of 16.1%.

A few excerpts about 5G:

Keysight’s focus on launching solutions for growth markets like 5G, IoT, next-generation wireless, high-speed datacenters and automotive & energy is expected to positively impact the to-be-reported quarter’s top line.

Keysight stated that orders for 5G solutions recorded triple-digit growth year over year in the last reported quarter. In fact, the company boasts of a robust 5G portfolio comprising comprehensive set of test and design solutions enabling telecom companies to accelerate 5G deployment. This buyout is anticipated to bolster the top line in the to-be-reported quarter.

We believe the company’s strength in 5G testing and design solutions hold promise. The collaborations to develop of Open RAN 5G network with companies like AT&T, Xilinx, to name a few, are likely to enable Keysight in proliferating the 5G space. Alliance with Qualcomm Technologies, Inc. QCOM, a subsidiary of Qualcomm remains noteworthy. These deals will help the to-be-reported quarter’s results.

https://finance.yahoo.com/news/whats-offing-keysight-keys-q3-123912444.html


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