(Reuters) -Electronic equipment maker Keysight Technologies forecast first-quarter revenue and profit ahead of Wall Street estimates on Monday, sending its shares up more than 13% in after-market trading.
Keysight, which provides electronic design, test and simulation software, has experienced growth driven by sustained demand for its products by data centers as they expand to support AI workloads.
Its products include oscilloscopes, protocol analyzers and digital multimeters, among other offerings.
The Santa Rosa, California-based company expects quarterly revenue in the range of $1.53 billion to $1.55 billion, and adjusted earnings of about $1.95 to $2.01 per share.
This comes ahead of average analysts estimates of revenue of $1.43 billion and adjusted profit of $1.83 per share, acco

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