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Keysight Technologies , Inc. (NYSE:KEYS), a $27.5 billion market cap technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world, announced the departure and succession plan for a key executive role, according to a recent 8-K filing with the Securities and Exchange Commission. The company, which generates over $5.1 billion in annual revenue, maintains strong financial health according to InvestingPro analysis.
On Monday, Soon Chai Gooi, Senior Vice President of Order Fulfillment and Digital Operations, declared his intention to retire from Keysight by the end of October 2025. Mr. Gooi has been with the company since August 2014 and will be stepping down from his current role effective immediately. The company stated that his retirement is due to personal reasons and not related to any disagreement with the company’s operations, policies, or practices. Keysight operates with a moderate level of debt and maintains strong liquidity, with current assets more than three times its short-term obligations.
Following the announcement, Keysight has appointed Ingrid Estrada as the new Senior Vice President, Chief Supply Chain and Operations, effective immediately. Prior to this appointment, Ms. Estrada held the position of Senior Vice President, Chief People and Administrative Officer at Keysight. Her transition to the new role marks a significant change in the company’s senior leadership team.
The news comes as Keysight continues to navigate the competitive landscape of industrial instruments for measurement, display, and control. The company has not provided further details on the transition or any additional changes to its executive team.
This announcement is based on the latest 8-K filing and reflects the company’s commitment to timely disclose changes in its executive team. Investors and stakeholders are advised to monitor further announcements from Keysight Technologies for additional information and updates. For a comprehensive analysis of Keysight’s financial health, operational metrics, and future prospects, access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 top US stocks with expert insights and actionable intelligence.
In other recent news, Keysight Technologies reported impressive financial results for the second quarter of 2025, surpassing market expectations with earnings per share (EPS) of $1.70, compared to the forecasted $1.65. The company’s revenue reached $1.31 billion, exceeding the anticipated $1.28 billion, and marking a 7% increase year-over-year. Following this announcement, Keysight raised its full-year revenue growth expectation to 5-7%, reflecting confidence in its market position. JPMorgan responded by raising its price target for Keysight to $177, citing the company’s strong performance and improved guidance for the third quarter. Susquehanna also maintained a positive outlook on Keysight, with a price target of $195, noting the recovery in the wireless sector driven by advancements in 5G technology. Additionally, Keysight’s growth in the wireline segment was highlighted, attributed to significant deployments of 400G and 800G equipment. Despite challenges such as unexpected costs due to tariffs, Keysight’s strategic expansions in AI and defense sectors continue to bolster its market position. The company anticipates the fourth quarter to be its strongest, driven by continued expansion in these sectors.
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