Exceeding Revenue and EPS Guidance
Keysight delivered revenue of $1.3 billion and earnings per share of $1.70, both exceeding the high end of guidance for Q2 2025.
Strong Order Growth
Orders grew 8% year-over-year and 4% sequentially to $1.3 billion, indicating strong demand in various segments.
Communications Solutions Group Performance
CSG revenue reached $913 million, up 9%, driven by sustained strength in wireline and growth in wireless, along with double-digit growth in commercial communications orders.
Aerospace Defense and Government Growth
Orders and revenue in the aerospace, defense, and government sectors grew by 9%, supported by strength in the US and Europe and ongoing investments in technology.
Software and Services Growth
Software and services accounted for approximately 36% of Keysight's revenue, with design engineering software orders growing double digits.
Capital Allocation and Share Repurchase
Keysight repurchased 1,042,000 shares this quarter at an average price of approximately $144, totaling $150 million.