India, May 19 -- Electronics testing and measurement company Keysight Technologies Inc. (KEYS) on Tuesday reported sharply higher second-quarter profit and revenue, driven by record orders and strong demand across communications, aerospace, defense and semiconductor markets.
Net income increased to $349 million, or $2.02 per share, from $257 million, or $1.49 per share, in the year-ago quarter. Adjusted net income increased to $497 million, or $2.87 per share, from $295 million, or $1.70 per share, last year.
Revenue surged 31.5% to $1.72 billion from $1.31 billion a year earlier.
Looking ahead, Keysight expects third-quarter revenue between $1.73 billion and $1.75 billion and adjusted earnings of $2.43 to $2.49 per share.
"Keysight del...