Keysight Technologies sees adjusted EPS growing at least 10% annually

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%-7%CAGR, compared with the prior model of a 4%-6% CAGR. Non-GAAP operating margin is now expected to be in the range of 31%-32% by fiscal year 2026, compared to the prior target of 26%-27% by fiscal 2023. Non-GAAP earnings per share is expected to grow at least 10% annually, in line with the prior model. "Over the past three years Keysight has delivered on our commitments by executing our software-centric solutions strategy focused on developing industry-first innovations aligned to key secular growth trends, such as 5G, early 6G, IoT, next-generation semiconductor, and automotive," said Satish Dhanasekaran, President & CEO. "Looking forward, we are focused on leveraging our market-leading position, Keysight Leadership Model, and differentiated solutions portfolio to accelerate innovation and address our customers’ most complex challenges. We see significant value creation opportunities ahead as we continue to execute our strategy to compound returns and deliver for our stakeholders."