On August 19, Keysight declined 3.22% in regular trading, trading at $325.6/share, with turnover of $226 million. Despite the stock rising over 4% in after-hours and 3% in pre-market following a significant Q3 earnings beat, all gains were erased once regular trading commenced.

The company reported fiscal Q3 adjusted EPS of $3.07, far exceeding the consensus estimate of $2.48 and up from $1.72 a year earlier. Revenue reached $1.85 billion versus the $1.75 billion expected, representing 37% year-over-year growth. Q4 guidance was equally strong, with projected adjusted EPS of $3.34 to $3.40 on revenue of $1.93 to $1.95 billion, both well above Wall Street expectations of $2.68 and $1.83 billion respectively. Orders exceeded $20 billion for the second consecutive quarter, with AI data center demand driving a 56% year-over-year surge. Despite these robust fundamentals, the stock experienced a classic sell-the-news reversal during regular trading hours.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)