Movement Alert|Keysight Intraday Rise 3.06% in Regular Trading, Strong Quarterly Results and AI Test Demand Remain Supportive

Market Focus10-28

On October 28, Keysight rose 3.06% in Regular Trading, trading at $335.96/share, with turnover of $252 million.

The move was supported by previously reported fiscal third-quarter results and fourth-quarter guidance that both exceeded market expectations, alongside continued expansion in AI data center test demand.

Keysight reported third-quarter revenue of $1.85 billion, up about 37% year over year, and adjusted EPS of $3.07, above the $2.48 consensus. For the fourth quarter, it guided adjusted EPS to $3.34-$3.40 on revenue of $1.93-$1.95 billion, both ahead of market expectations. Orders topped $2 billion for a second straight quarter, with commercial communications remaining a key area of strength. Earlier in October, the company also expanded its Functional Interconnect Test Solutions portfolio with a new 16-channel system aimed at validating interconnect assemblies across AI and network infrastructure deployments, reinforcing the demand backdrop.

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