5 Companies on Investors’ Radar After Releasing Their Quarterly Results

3. Keysight Technologies, Inc. (NYSE:KEYS)

Number of Hedge Fund Holders: 34

Keysight Technologies, Inc. (NYSE:KEYS) recently came into the spotlight after delivering impressive financial results for its fiscal second quarter. The results were primarily driven by solid demand for is products. The Santa Rosa-based company reported adjusted earnings of $1.83 per share, well above $1.44 per share in the year-ago period.

Revenue for the quarter surged 11 percent on a year-over-year basis to $1.35 billion. Analysts were expecting Keysight Technologies, Inc. (NYSE:KEYS) to report earnings of $1.67 per share on revenue of $1.3 billion.

If we look at the performance of its flagship units, revenue from the communications solutions group rose 10 percent on a year-over-year basis to $963 million, while revenue from the electronic industrial solutions group jumped 13 percent to $388 million in the quarter.

For its fiscal third quarter, Keysight Technologies, Inc. (NYSE:KEYS) expects adjusted earnings in the range of $1.74 – $1.80 per share and revenue between $1.33 – $1.35 billion.