Keysight Technologies (KEYS) Revenue — Quarter Ended Jul 31, 2023
Revenue for the quarter was essentially flat compared with the same period last year, and it decreased slightly from the immediately preceding quarter. The trend over recent periods shows a pattern of modest growth that tapered in the current quarter.
Key takeaway
Quarter ended Jul 31, 2023 · FY2023 Q3
Revenue for the quarter was essentially flat compared with the same period last year, and it decreased slightly from the immediately preceding quarter. The trend over recent periods shows a pattern of modest growth that tapered in the current quarter.
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
-0.6%
Change from the immediately preceding quarter.
Year-over-year
+0.4%
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 |
|---|---|---|
| Oct 31, 2022 | $1.4B | +11.5% |
| Jan 31, 2023 | $1.4B | +10.5% |
| Apr 30, 2023 | $1.4B | +2.9% |
| Jul 31, 2023 | $1.4B | +0.4% |
Revenue performance
Total revenue for the quarter edged lower compared to the prior quarter, while it posted a modest increase relative to the same quarter one year earlier. The sequential decline suggests a pause after several quarters of expansion.
Quarterly comparison
Compared with the immediately preceding quarter, revenue contracted slightly. In contrast, revenue rose modestly when set against the same quarter a year ago, continuing a year-over-year growth trend.
What to watch
Monitor whether the slight sequential decline signals a shift in demand or is merely a temporary fluctuation.