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Keysight Applied sciences, Inc. (NYSE: KEYS), a supplier of check and measurement tools, reported monetary outcomes for the third quarter of 2023.
- At $1.38 billion, third-quarter income was broadly unchanged from final yr; and grew 1% on a core foundation
- Q3 internet revenue was $288 million or $1.61 per share, in comparison with $338 million or $1.87 per share in the identical quarter of 2022
- Adjusted internet revenue rose to $393 million or $2.19 per share in Q3 from $363 million or $2.01 per share final yr
- As of July 31, 2023, Keysight had money and money equivalents totaling $2.57 billion
- Wanting forward, fourth-quarter income is predicted to be within the vary of $1.29 billion to $1.31 billion
- The steerage for This fall adjusted earnings per share is within the vary of $1.83 to $1.89
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