How did KEYS' revenue and expenses trend in Q1 2025 compared to previous quarters?

**Keysight Technologies (KEYS) demonstrated robust growth in revenue and strong financial performance in Q1 2025 compared to previous quarters**, as evidenced by the following key points: 1. **Revenue Trend**: - Q1 2025 revenue was $1.3 billion, reflecting a 3% increase year-over-year. - This growth is particularly notable as it surpassed analyst expectations with a reported revenue of $1.28 billion, indicating a strong market demand for Keysight's testing solutions. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |KEYS|KEYS.N|Keysight|2024 Q2|-12.51798561151079|1.216E9|169| |KEYS|KEYS.N|Keysight|2024 Q3|-11.939218523878436|1.217E9|169| |KEYS|KEYS.N|Keysight|2024 Q4|-1.8306636155606408|1.287E9|169| |KEYS|KEYS.N|Keysight|2025 Q1|3.0976965845909454|1.298E9|169| 2. **Expense Trend**: - Unfortunately, specific data on KEYS' expenses in Q1 2025 and previous quarters is not available. - However, the company reported a gross margin of 65.8% and an operating margin of 27% in Q1 2025, suggesting efficient cost management and profitability. - The free cash flow was reported at $346 million, which is a significant indicator of the company's liquidity and financial health. 3. **Earnings Performance**: - Keysight's earnings per share (EPS) in Q1 2025 was $1.82, surpassing analyst forecasts of $1.69. - This EPS exceeded the high-end guidance, marking a 7.7% positive surprise. - The company's non-GAAP net income rose to $317 million, or $1.82 per share, compared to $286 million, or $1.63 per share, in the previous year. 4. **Segmental Performance**: - The Communications Solutions Group (CSG) saw a 5% revenue growth year-over-year. - In contrast, the Electronic Industrial Solutions Group (EISG) experienced a 1% decline in revenue year-over-year. 5. **Cash and Liquidity**: - Keysight maintained a strong cash position with $2 billion in cash and cash equivalents. - The company's current ratio of 2.98 indicates robust liquidity. In conclusion, Keysight Technologies showcased strong revenue growth, effective cost management, and solid financial performance in Q1 2025, outperforming market expectations and maintaining a positive outlook for the fiscal year.