(Reuters) – Electronic equipment maker Keysight Technologies expects its second-quarter profit to surpass analysts’ estimates, following a robust quarterly profit on Tuesday.
Demand for AI-related technology has been strong over the past year, fueled by data center requirements.
“The demand environment remains consistent with our view of a gradual recovery in 2025,” said CEO Satish Dhanasekaran.
Keysight provides electronic design, testing and software products, such as oscilloscopes and network emulators used in radar, satellites and space programs, as well as commercial and military aircraft.
The company expects earnings for the second quarter of fiscal 2025 to be in the range of $1.61 to $1.67 per share, compared to the analysts’ mean estimate of $1.59 apiece, according to data compiled by LSEG.
In addition, the company serves customers spanning across automotive, energy, semiconductor and general electronics end markets.
In December, the company said that U.S. tariffs imposed on imports from China could impact its business.
On an adjusted basis, the California-based company posted per-share earnings of $1.82 in the first quarter, compared to the consensus estimate of $1.69 per share.
The overall revenue in the quarter came in at $1.3 billion, compared with analysts’ average estimate of $1.28 billion.
(Reporting by Nathan Gomes and Anshuman Tripathy in Bengaluru; Editing by Alan Barona)
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