Keysight Technologies’ Corporate Headquarters Operational After Northern California Fires
Company Reaffirms Fourth Quarter 2017 Guidance and Announces Fourth Quarter Fiscal Year 2017 Earnings
Conference Call
Keysight Technologies, Inc. (NYSE:KEYS) today announced today that its corporate headquarters, located at 1400 Fountaingrove
Pkwy, Santa Rosa, Calif., is operational after being temporarily closed due to the Northern California wildfires. All four main
buildings on-site are intact and the majority of production-related facilities are now in operation. As a result of the proximity
to the fires, the building interiors experienced smoke and other fire-related environmental impacts. Cleaning and additional
restoration efforts are ongoing in both production and non-production areas of the site. To ensure business continuity, the company
has leased office space in the local area that will support Santa Rosa employees who are not immediately re-occupying the site.
Business continues as usual at Keysight’s other 145 worldwide locations, including its primary manufacturing and order
fulfillment location in Penang, Malaysia. As the company restores the Santa Rosa site, it continues to take orders, ship products
and otherwise meet the needs of its customers. Accordingly, the company expects that fourth quarter 2017 results will be in line
with the guidance provided in its earnings press release on Aug. 30, 2017.
Keysight Technologies will release fourth quarter fiscal 2017 earnings after the stock market closes on Wednesday, Dec. 6, 2017.
The company will host a live webcast of its investor conference call in listen-only mode.
Listeners may log on to the call under the “Upcoming Events” section and select "Q4 2017 Keysight Technologies Inc. Earnings
Conference Call” to participate, or dial +1 844-579-6824 (U.S. only) or +1 763-488-9145 (International). The webcast will remain
available on the website for 90 days.
A telephone replay of the conference call will be available at approximately 4:30 p.m. PT, Dec. 6 through Dec. 13 by dialing +1
855-859-2056 (or +1 404-537-3406 from outside the U.S.), and entering access code 94173241.
Note that Keysight is reaffirming guidance at this time solely in response to any uncertainty created by the Northern California
wildfires and does not expect to reaffirm guidance in future quarters.
Forward-Looking Statements
This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the
safe harbors created therein. These forward-looking statements involve risks and uncertainties that could significantly affect the
expected results and are based on certain key assumptions of Keysight’s management and on currently available information. Due to
such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and
readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Keysight undertakes no responsibility to publicly update or revise any forward-looking statement. The forward-looking statements
contained herein include, but are not limited to, information and future guidance on the company’s revenues, demand, financial
condition, earnings, operations, and operating earnings, as well as the company’s expected recovery from the Santa Rosa fires, the
timeline for restoration, recovery and re-occupancy of the Santa Rosa site, and the company’s planned release date for fourth
quarter fiscal 2017 earnings, in each case, that involve risks and uncertainties that could cause Keysight’s results to differ
materially from management’s current expectations. Such risks and uncertainties include, but are not limited to, access to and
evaluation of the Santa Rosa site; fire-related damage to the Santa Rosa site; changes in the demand for current and new products,
technologies, and services; customer purchasing decisions and timing, and the risk that we are not able to realize the savings or
benefits expected from integration or restructuring activities. The words “anticipate,” “plan,” “estimate,” “expect,” “intend,”
“will,” “should,” “forecast,” “project,” and similar expressions, as they relate to the company, are intended to identify
forward-looking statements.
In addition to the risks above, other risks that Keysight faces include those detailed in Keysight’s filings with the Securities
and Exchange Commission, including our Form 10-K for the fiscal year ended Oct. 31, 2016, and Keysight’s quarterly report on Form
10-Q for the period ended July 31, 2017.
About Keysight Technologies
Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company that helps its engineering, enterprise and service
provider customers optimize networks and bring electronic products to market faster and at a lower cost. Keysight's solutions go
where the electronic signal goes, from design simulation, to prototype validation, to manufacturing test, to optimization in
networks and cloud environments. Customers span the worldwide communications ecosystem, aerospace and defense, automotive, energy,
semiconductor and general electronics end markets. Keysight generated revenues of $2.9B in fiscal year 2016. In April 2017,
Keysight acquired Ixia, a leader in network test, visibility, and security. More information is available at www.keysight.com.
Additional information about Keysight Technologies is available in the newsroom at www.keysight.com/go/news and on Facebook, Google+, LinkedIn, Twitter and YouTube.
Source: IR-KEYS
Keysight Technologies, Inc.
EDITORIAL CONTACT:
Jeff Weber, +1 707-577-2845
jeff_weber@keysight.com
or
INVESTOR CONTACT:
Jason Kary, +1 707-577-6916
jason.kary@keysight.com
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