Keysight Technologies (KEYS) Revenue — Quarter Ended Oct 31, 2024
Revenue increased from the immediately preceding quarter but decreased compared to the same quarter one year earlier. The sequential rise reversed a multi-quarter trend of declining revenue.
Key takeaway
Quarter ended Oct 31, 2024 · FY2024 Q4
Revenue increased from the immediately preceding quarter but decreased compared to the same quarter one year earlier. The sequential rise reversed a multi-quarter trend of declining revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+5.8%
Change from the immediately preceding quarter.
Year-over-year
-1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5B
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 |
|---|---|---|
| Jan 31, 2024 | $1.3B | -8.8% |
| Apr 30, 2024 | $1.2B | -12.5% |
| Jul 31, 2024 | $1.2B | -11.9% |
| Oct 31, 2024 | $1.3B | -1.8% |
Revenue performance
The quarter's revenue showed a sequential improvement, ending a period of consecutive declines. However, the year-over-year comparison remained negative, indicating that the revenue level has not yet recovered to the prior year's level.
Quarterly comparison
Compared to the prior quarter, revenue rose. Compared to the same quarter a year ago, revenue fell. The year-over-year decline has narrowed over the course of the fiscal year.
What to watch
The year-over-year revenue decline has progressively shrunk over the four reported quarters, and the latest quarter's sequential gain may signal a potential stabilization.