Keysight Technologies, Inc. (NYSE:KEYS) Q3 2023 Earnings Call Transcript August 17, 2023 4:30 PM ET

Company Participants

Jason Kary - Vice President, Treasurer, and Investor Relations

Satish Dhanasekaran - President and Chief Executive Officer

Neil Dougherty - Chief Financial Officer

Mark Wallace - Chief Customer Officer

Conference Call Participants

Samik Chatterjee - J.P. Morgan

Mehdi Hosseini - Susquehanna

Aaron Rakers - Wells Fargo

David Ridley-Lane - Bank of America

Matthew Niknam - Deutsche Bank

Chris Snyder - UBS

Adam Thalhimer - Thompson Davis

Meta Marshall - Morgan Stanley

Mark Delaney - Goldman Sachs

Rob Mason - Baird

Adrienne Colby - Citi Research

Operator

Good day, ladies and gentlemen, and welcome to the Keysight Technologies Fiscal Third Quarter 2023 Earnings Conference Call. My name is Cole, and I'll be your lead operator today. [Operator Instructions] This call is being recorded today, Thursday, August 17, 2023 at 1:30 P.M. Pacific Time.

I would now like to hand the call over to Jason Kary, Vice President, Treasurer and Investor Relations. Please go ahead, Mr. Kary.

Jason Kary

Thank you, and welcome everyone to Keysight's Third Quarter Earnings Conference Call for Fiscal Year 2023. Joining me are Keysight's President and CEO, Satish Dhanasekaran; and our CFO, Neil Dougherty. In the Q&A session, we'll be joined by Chief Customer Officer, Mark Wallace. The press release and information that supplement today's discussion are on our website at investor.keysight.com under the financial information tab and quarterly reports.

Today's comments will refer to non-GAAP financial measures. We will also make reference to core growth, which excludes the impact of currency movements and acquisitions or divestitures completed within the last 12 months. The most directly-comparable GAAP financial metrics and reconciliations are on our website and all comparisons are on a year-over-year basis, unless otherwise noted.

We will make forward-looking statements about the financial performance of the company on today's call. These statements are subject to risks and uncertainties and are only valid as of today. We assume no obligation to update them. Please review our recent SEC filings for a more complete picture of these risks and other factors. Lastly, management is scheduled to participate in upcoming investor conferences hosted by Deutsche Bank, Goldman Sachs, and Citi.

And now, I will turn the call over to Satish.

Satish Dhanasekaran

Good afternoon, everyone, and thank you for joining us today. Keysight reported solid results in the third quarter, demonstrating the strength of our portfolio and the resilience of our financial model. We are executing on our strategy and delivering on our commitments to customers and shareholders in a challenging macro-environment.