Keysight Technologies Inc. (KEYS) stock plummeted over 6% in pre-market trading on Wednesday, despite the company reporting robust fiscal first-quarter 2025 results that surpassed estimates on both the top and bottom lines. The sell-off appears to be driven by Keysight's cautious outlook for the remainder of the year, citing macroeconomic uncertainty and potential impacts from policy changes in the United States.
During the earnings call, Keysight's management highlighted several positive factors, including growth in the Communications Solutions Group driven by robust demand for wireline and AI-related products, as well as stabilization in the wireless business. However, the company also flagged areas of concern:
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