SANTA ROSA, Calif. March 7, 2023
Keysight Technologies, Inc. (NYSE: KEYS) announces highlights of its investor day, which was held today in New York City.
Keysight's executive leadership team highlighted a compounding and resilient business model and provided an in-depth overview of the company, business segments, and financials, including:
Increasing Long-Term Targets
Based on the Company's strategic execution to date and higher market growth projections, Keysight increased its long-term operating model expectations.
Keysight Leadership Model
Keysight's Leadership Model ("KLM") is the company's enabler to continuously deliver greater value to our customers, stockholders, and employees. It encompasses seven interlinked areas of focus centered around our customers, including: Customer Success, Market Insight, Capital Allocation, First-to-Market Solutions, Operational Excellence, Employee Growth, and Keysight Values. More information on the Keysight Leadership Model can be found at https://about.keysight.com/en/companyinfo/leadership.shtml.
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com..
+1 303 662–4748
geri_lacombe@keysight.com
Fusako Dohi, Asia
+81 42 660–2162
fusako_dohi@keysight.com
Link to Press Release
Keysight Technologies, Inc. (NYSE: KEYS) announces highlights of its investor day, which was held today in New York City.
Keysight's executive leadership team highlighted a compounding and resilient business model and provided an in-depth overview of the company, business segments, and financials, including:
- - Consistent strategy to drive long-term profitable growth
- - Diverse end market opportunities enabled by customer-centric culture
- - Actions underway to extend value creation by accelerating customer innovation
- - Updated long-term operating model expectations
- - New $1.5 billion share repurchase authorization
Increasing Long-Term Targets
Based on the Company's strategic execution to date and higher market growth projections, Keysight increased its long-term operating model expectations.
- - Organic revenue growth is now expected to be sustainable at a 5 to 7 percent CAGR, compared with the prior model of a 4 to 6 percent CAGR.
- - Non-GAAP operating margin is now expected to be in the range of 31 to 32 percent by fiscal year 2026, compared to the prior target of 26 to 27 percent by fiscal 2023.
- - Non-GAAP earnings per share is expected to grow at least 10% annually, in line with the prior model.
Keysight Leadership Model
Keysight's Leadership Model ("KLM") is the company's enabler to continuously deliver greater value to our customers, stockholders, and employees. It encompasses seven interlinked areas of focus centered around our customers, including: Customer Success, Market Insight, Capital Allocation, First-to-Market Solutions, Operational Excellence, Employee Growth, and Keysight Values. More information on the Keysight Leadership Model can be found at https://about.keysight.com/en/companyinfo/leadership.shtml.
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com..
Keysight Contact:
Geri Lynne LaCombe, Americas/Europe+1 303 662–4748
geri_lacombe@keysight.com
Fusako Dohi, Asia
+81 42 660–2162
fusako_dohi@keysight.com
Link to Press Release