Keysight Technologies Provides Business Update For Fiscal Second Quarter

▤ Summary

SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, today announced that in order to limit the spread of coronavirus, mitigate the risks to employees, customers and suppliers, and in response to local government directives, it has temporarily closed many of its locations globally until at least the end of March. The temporary closures impact both the company headquarters in Santa Rosa, California and principal order fulfillment and manufacturing operations in Malaysia. Due to the disruption and uncertainties resulting from this situation, the company is currently unable to quantify the full coronavirus impact and will provide additional information during the next earnings call. Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. The forward-looking statements contained herein include, but are not limited to, information and future guidance on the company’s goals, priorities, revenues, demand, financial condition, earnings, the continued strengths and expected growth of the markets the company sells into, operations, customer solutions, execution of the company’s strategy and site closures, that involve risks and uncertainties that could cause Keysight’s results to differ materially from management’s current expectations.

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Keysight

$1B+