KEYSIGHT TECHNOLOGIES, INC. (NYSE:KEYS) Files An 8-K Results of Operations and Financial Condition

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KEYSIGHT TECHNOLOGIES, INC. (NYSE:KEYS) Files An 8-K Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition.

The information in this Item 2.02 of Form 8-K and Exhibit 99.1
attached hereto is furnished and shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, nor shall it be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended.
On June 6, 2017, Keysight Technologies, Inc. (the Company) issued
its press release announcing financial results for the second
fiscal quarter ended April 30, 2017. A copy of this press release
is attached hereto as Exhibit 99.1.
We provide non-GAAP financial information in order to provide
meaningful supplemental information regarding our operational
performance and to enhance our investors overall understanding of
our core current financial performance and our prospects for the
future. We believe that our investors benefit from seeing our
results through the eyes of management in addition to the GAAP
presentation. Management measures segment and enterprise
performance using measures such as those that are disclosed in
this release. This information is used to facilitate managements
internal comparisons to the Companys historical operating
results, comparisons to competitors operating results and
guidance provided to investors. Non-GAAP information allows for
greater transparency to supplemental information used by
management in its financial and operations decision making. We
believe that the inclusion of comparative numbers provides
consistency in our financial reporting.
This information is not in accordance with, or an alternative
for, generally accepted accounting principles in the United
States. It excludes items, such as acquisition and integration
costs, amortization and share-based compensation, that may have a
material effect on the Companys expenses and income from
operations calculated in accordance with GAAP. Management
monitors these items to ensure that expenses are in line with
expectations and that our GAAP results are correctly stated but
does not use them to measure the ongoing operating performance of
the Company. The non-GAAP information we provide may be different
from the non-GAAP information provided by other companies.
Additional explanation of non-GAAP information is provided in
Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following is furnished as an exhibit to this report and shall
not be deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended:
Exhibit No.
Description
99.1
Press release announcing financial results for the
second fiscal quarter ended April 30, 2017


About KEYSIGHT TECHNOLOGIES, INC. (NYSE:KEYS)

Keysight Technologies, Inc. is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment. The Company operates through three segments: Communications Solutions Group (CSG), Electronic Industrial Solutions Group (EISG) and Services Solutions Group (SSG). The CSG and EISG segments provide electronic design and test software, instruments, and systems used in the simulation, design, validation, manufacturing, installation and optimization of electronic equipment. The SSG segment provides integrated service solutions, including repair and calibration services, professional services and remanufactured equipment.