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Keysight Technologies (KEYS) Stock News, Nov-Dec 2021

KEYS NYSE

Keysight Technologies develops design, emulation and test solutions used across the electronics product lifecycle. News about KEYS commonly covers measurement software, validation systems and services for communications, industrial automation, aerospace and defense, automotive, semiconductor and general electronics customers.

Recurring updates include product launches for PCIe 7.0 validation, automotive Ethernet receiver compliance, 5G and 6G network testing, non-terrestrial network integration, new energy vehicle charging validation and virtual manufacturing tools such as Keysight Assembly. Company news also includes collaboration announcements, strategic investments, updates from Spirent as part of Keysight, and scheduled financial-results releases.

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Keysight Technologies (NYSE: KEYS) has become the first company approved by the Global Certification Forum (GCF) for a conformance test case that enhances eCall capabilities over 4G LTE networks. This test case, known as LTE and Interworking with eCall in IMS (EIEI), enables chipset vendors to verify compliance with 3GPP specifications. The achievement supports automotive manufacturers in meeting safety regulations while utilizing advanced communication technologies, including VoLTE.

Keysight generated $4.9 billion in revenue in fiscal year 2021.

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Keysight Technologies (NYSE: KEYS) has announced a significant milestone in the wireless industry by being the first to deliver a complete CTIA-authorized 5G mmWave over-the-air (OTA) test system. This innovative solution is aimed at accelerating wireless broadband connectivity across the U.S. and validating device transceiver performance in laboratory settings. Keysight's system leverages its expertise in 5G mmWave technology to enhance the performance of 5G network applications, crucial for ultra-high data rates and low latencies required in advanced communications.

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Keysight Technologies (NYSE: KEYS) and CTC advanced GmbH have collaborated to certify the first Wi-Fi 6E device, a broadband home gateway, compliant with the ETSI standard EN 303 687. This certification is crucial for market access of new Wi-Fi frequencies (5.9 to 6.45 GHz). Keysight's IoT Regulatory Compliance Test Solution enhances the testing process for IoT devices by providing a flexible, scalable, and accurate system while addressing regulatory standards from ETSI and FCC. This partnership aims to accelerate the time-to-market for wireless devices, enabling innovations like Wi-Fi 6E.

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Keysight Technologies has joined the Anterix Active Ecosystem Program to enhance private LTE broadband deployments across the United States. This initiative aims to improve mission-critical communications for utilities and critical infrastructure. The private LTE market in North America is expected to grow at a CAGR of 10.7%, reaching $2B USD by 2028, driven by demand for reliable communication. Keysight's comprehensive solutions will assist Anterix and its clients in verifying designs throughout their product lifecycle, contributing to advancements in energy, transportation, and logistics.

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Keysight Technologies (NYSE: KEYS) has launched the new P9002A parallel parametric test system to address the increasing demand for semiconductor testing amid a global shortage. This cost-effective solution features high throughput and compatibility with existing 4080 series parametric testers, allowing for easier integration and reduced operational costs. The P9002A system supports up to 100 parallel test channels and unique fast capacitance measurement technologies. Keysight aims to help semiconductor manufacturers improve efficiency and innovate faster.

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Keysight Technologies, a leader in advanced design and validation solutions, announced participation in several investor conferences. Key events include:

  • Credit Suisse 25th Annual Technology Conference on November 30, 2021, at 12:55 PM PT, featuring COO Satish Dhanasekaran and CFO Neil Dougherty.
  • Wells Fargo 5th Annual TMT Summit on December 1, 2021, at 11:00 AM PT, with CFO Neil Dougherty.
  • Barclays Global Technology Conference on December 7, 2021, at 9:40 AM PT, also with CFO Neil Dougherty.

Webcasts will be available on investor.keysight.com.

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Keysight Technologies reported a strong Q4 and fiscal year 2021, achieving record orders, revenue, and margins despite supply chain challenges. Q4 orders grew 21% to $1.49 billion and revenue increased 6% to $1.29 billion. GAAP net income rose to $282 million, or $1.52 per share. The company announced a new share repurchase program of up to $1.2 billion, replacing a previous $750 million plan. Keysight expects Q1 2022 revenue between $1.225 billion and $1.245 billion, with non-GAAP EPS guidance of $1.50 to $1.56.

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Keysight Technologies (NYSE: KEYS) and Proventia Oy have partnered to enhance electric vehicle (EV) battery test solutions, providing a location-independent and rapidly deployable testing environment. This collaboration aims to streamline the testing of high-voltage batteries, improving safety and performance while reducing costs. Keysight's advanced Scienlab systems, energy storage software, and lab management tools are integral to the solution. With a combined focus on performance and innovation, this partnership will help automotive manufacturers accelerate time-to-market for battery products.

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Keysight Technologies has partnered with Credo to enhance validation of data center equipment in 800 Gigabit Ethernet (GE) environments. This collaboration aims to address the increased challenges associated with higher switching capacities and the need for robust testing of all network points, including 800GE capable devices. Utilizing Keysight's G800GE Forward Error Correction Aware testing system and Credo’s Active Electrical Cable technology, the partnership seeks to accelerate the validation process for data center operators, streamlining transitions to 800GE.

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FAQ

What is the current stock price of Keysight Technologies (KEYS)?

Keysight Technologies (KEYS) last closed at $335.86.

What is the market cap of Keysight Technologies (KEYS)?

The market cap of Keysight Technologies (KEYS) is approximately $57.2B.