Keysight Technologies (KEYS) Revenue — Quarter Ended Apr 30, 2023
Revenue increased modestly from the prior quarter and was higher compared with the same period a year earlier. Both product and service revenue contributed to the overall growth.
Key takeaway
Quarter ended Apr 30, 2023 · FY2023 Q2
Revenue increased modestly from the prior quarter and was higher compared with the same period a year earlier. Both product and service revenue contributed to the overall growth.
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
+0.7%
Change from the immediately preceding quarter.
Year-over-year
+2.9%
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 |
|---|---|---|
| Jul 31, 2022 | $1.4B | +10.4% |
| Oct 31, 2022 | $1.4B | +11.5% |
| Jan 31, 2023 | $1.4B | +10.5% |
| Apr 30, 2023 | $1.4B | +2.9% |
Revenue performance
Product revenue and services revenue both rose, driving total revenue higher.
Quarterly comparison
Compared with the immediately preceding quarter, revenue edged up. Versus the same quarter one year ago, the increase was more pronounced.
What to watch
The company’s cash flows are subject to global economic and market fluctuations, as noted in its liquidity discussion, which warrants monitoring.