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Technology Stocks : Keysight Technologies

KEYS 186.18

+1.8%

Nov 3 9:30 AM EST

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From: Sr K	2/18/2016 11:14:33 PM
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2/18/2016 4:12 pm Keysight beats by $0.06, reports revs in-line; guides Q2 EPS below consensus, revs below consensus; announces $200 mln buyback (KEYS) : Reports Q1 (Jan) earnings of $0.55 per share, $0.06 better than the Capital IQ Consensus of $0.49; revenues rose 2.9% year/year to $721 mln vs the $715.85 mln Capital IQ Consensus. Co issues downside guidance for Q2, sees EPS of $0.48-0.62 vs. $0.69 Capital IQ Consensus Estimate; sees Q2 revs of $695-735 mln vs. $771.88 mln Capital IQ Consensus Estimate.Keysight's Board of Directors authorized a new share repurchase program for up to $200 mln of its common stock. The new repurchase program goes into effect immediately.

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