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KEYSIGHT TECHNOLOGIES NEWS RELEASE Keysight Technologies Reports First Quarter 2021 Results 2/18/2021 Record First Quarter Orders and Revenue Strong execution drives above guidance results SANTA ROSA , Calif .-- ( BUSINESS WIRE ) -- Keysight Technologies , Inc. ( NYSE : KEYS ) today reported financial results for the first fiscal quarter of 2021 ended January 31 , 2021 . " Keysight delivered an outstanding first quarter and a strong start to the year with both revenue and earnings exceeding the high end of our guidance . Order and revenue growth in the quarter was driven by strong execution and robust demand for our broad portfolio of differentiated solutions across all regions , " said Ron Nersesian , Keysight's Chairman , President and CEO . " We enter the year with momentum across multiple end markets and confidence in our revenue and earnings growth trajectory . " First Quarter Financial Summary • Orders grew 7 percent to reach $ 1.22 billion , compared with $ 1.14 billion last year . • Revenue grew 8 percent to reach $ 1.18 billion , compared with $ 1.10 billion last year , or 6 percent on a core basis , which excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months . • GAAP net income was $ 172 million , or $ 0.92 per share , compared with $ 163 million , or $ 0.86 per share , in the first quarter of 2020 . • Non - GAAP net income was $ 270 million , or $ 1.43 per share , compared with $ 240 million , or $ 1.26 per share in