Filing Flows › Keysight Technologies (KEYS) › Q4 FY24
Keysight Technologies (KEYS) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 17, 2024
Keysight Technologies (KEYS) reported revenue of $1.3B for the fourth quarter fiscal 2024 (Q4 FY24), -2% from a year earlier and +6% from the quarter before. Operating margin was 17.9%, net loss $73.0M (5.7% of revenue).
Keysight Technologies, Q4 FY24: revenue $1.3B (-2% year over year), operating margin 17.9%, net loss $73.0M, operating cash flow $359M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +6% | -2% |
| Operating profit | $230M | — | — |
| Net earnings | −$73.0M | — | — |
| Operating cash flow | $359M | +41% | -5% |
| Free cash flow | $328M | — | -4% |
What changed
Revenue was $1.3B in Q4 FY24, down 2% year over year and up 6% from the previous quarter. CSG was the largest line at 69% of revenue.
Operating profit was $0.23B, a 17.9% margin (down 6.3 points year over year). Total costs grew 6% against a revenue fall of 2%. The quarter ended with a net loss of $0.07B, after a profit of $0.39B the previous quarter.
Operating cash flow was $0.36B (down 5% year over year). Non-cash charges added back $0.06B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.34B. After investments in property, plant and equipment, net ($0.03B), free cash flow as the company reports it was $0.33B.
Questions
What was Keysight Technologies' revenue in the fourth quarter fiscal 2024?
Keysight Technologies (KEYS) reported revenue of $1.3B for the fourth quarter fiscal 2024 (Q4 FY24), -2% from a year earlier and +6% from the quarter before.
Was Keysight Technologies profitable in the fourth quarter fiscal 2024?
Operating profit was $230M (17.9% of revenue) and net loss $73.0M.