Keysight Technologies (KEYS) Revenue — Quarter Ended Jan 31, 2023
Revenue for the quarter declined from the prior quarter but rose compared to the same period a year earlier. The trailing twelve-month revenue held steady at a level similar to recent quarters.
Key takeaway
Quarter ended Jan 31, 2023 · FY2023 Q1
Revenue for the quarter declined from the prior quarter but rose compared to the same period a year earlier. The trailing twelve-month revenue held steady at a level similar to recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
-4.3%
Change from the immediately preceding quarter.
Year-over-year
+10.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $1.4B | +10.6% |
| Jul 31, 2022 | $1.4B | +10.4% |
| Oct 31, 2022 | $1.4B | +11.5% |
| Jan 31, 2023 | $1.4B | +10.5% |
Revenue performance
Total revenue increased year over year, driven by gains in both product and services and other revenue. The sequential decline reflects a slight pullback from the previous quarter's performance.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. In contrast, revenue was higher than the same quarter one year earlier.
What to watch
The sequential revenue decline warrants attention for potential underlying trends.