New York, May 19, 2026, 17:04 (EDT)
- Keysight ended the day 1.07% higher at $344.11 and was last seen at about $357.80 in after-hours trading as of 4:59 p.m. EDT.
- Keysight reported fiscal Q2 revenue of $1.72 billion and adjusted earnings of $2.87 per share.
- Keysight rose even as the S&P 500 and Nasdaq slipped. The gain came with the broader tape weaker.
Keysight Technologies shares gained in late trading Tuesday. The electronic test-equipment company reported fiscal second-quarter profit that beat forecasts, booked over $2 billion in orders, and signaled more growth is coming next quarter.
The report was released after the New York Stock Exchange closed at 4 p.m. Eastern, so the results won’t see a full market reaction until regular trading opens Wednesday.
Keysight makes design, emulation, and testing tools for clients in communications, semiconductors, aerospace, defense, automotive, and electronics. Investors are tracking if spending on AI networks, faster data, and defense tech keeps demand high after the stock’s big move.
Keysight finished the regular session with a 1.07% gain at $344.11. The stock moved higher after hours, quoted at $357.80, up 3.98% at 4:59 p.m. EDT in after-hours trading, which is typically less liquid.
Keysight Technologies reported revenue was $1.72 billion, up from $1.31 billion in the same quarter last year. GAAP net income came in at $349 million, or $2.02 per share. The company reported non-GAAP net income of $497 million, or $2.87 a share.
Keysight posted earnings that beat analyst estimates by 54 cents, with profit at $2.87 a share compared to MarketBeat’s forecast of $2.33. Revenue was just ahead of consensus, coming in at $1.71 billion.
Orders hit $2.05 billion for the quarter, compared with $1.32 billion the same period last year, according to Business Wire tables. Orders are a key gauge for future sales, but can be postponed or cancelled before turning into revenue.
Keysight just turned in its best quarter ever, CEO Satish Dhanasekaran said. The company has “a robust pipeline of opportunities” and is lifting its outlook for fiscal 2026, he said. Business Wire
Keysight’s bigger segment for communications solutions reported $1.23 billion in revenue, rising 35% with stronger demand from commercial communications and aerospace, defense and government customers. Electronic industrial solutions brought in $486 million, up 24%, as automotive, energy, general electronics and semiconductor markets all grew.
Keysight is projecting third-quarter revenue between $1.73 billion and $1.75 billion, with non-GAAP EPS expected somewhere in the $2.43 to $2.49 range. The guidance midpoint would mean revenue growth of about 29% from last year.
The stock moved against a weak market. The S&P 500 dropped 0.67%. Nasdaq Composite slipped 0.84%. Tech stocks were hit by rising Treasury yields. “Rates are obviously front-and-center,” Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions, told Reuters. Reuters
Peers moved in different directions on the day. Agilent Technologies dropped 1.4%. Viavi Solutions slipped 0.9%. Teradyne managed a small 0.1% rise. That put more focus on Keysight’s gain and its pop after hours among test-and-measurement stocks.
Wall Street had shifted more positive ahead of the report. On Monday, Susquehanna lifted its Keysight price target to $415 from $300 and kept its positive rating. Baird, Morgan Stanley, JPMorgan, and Goldman Sachs had all raised their targets for Keysight in recent weeks, market-data sites showed.
Clouds in Keysight’s quarter: results had a $100 million tariff refund receivable and a $40 million liability for customer refunds. The company flagged inflation, high interest rates, export controls, tariffs, customer schedules and order cancellations as risks to its outlook.
