Exhibit 99.1

Keysight Technologies Reports Fourth Quarter and Fiscal 2016 Results
Highlights:
Q4 revenue of $751 million; GAAP EPS of $0.53; non-GAAP EPS of $0.64
Fiscal 2016 revenue of $2.9 billion; GAAP EPS of $1.95; non-GAAP EPS of $2.43

SANTA ROSA, Calif., Nov. 17, 2016 - Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the fourth fiscal quarter and fiscal year ended Oct. 31, 2016.

“The fourth quarter was a strong close to the year with revenue coming in at the high-end of our guidance as customers increased investments in next-generation technologies,” said Ron Nersesian, Keysight president and CEO.

“We are pleased with our performance throughout the fiscal year as we navigated a challenging market environment and continued to execute our strategy to transform Keysight for long-term growth. We increased our investments in research and development, while at the same time generating solid profitability and cash flow. We believe we are delivering above-market results and the strategic actions we have taken are strengthening our market position,” Nersesian added.

Fourth Quarter Financial Summary
Revenue was $751 million, compared with $750 million on a GAAP basis and $756 million on a non-GAAP basis in the fourth quarter of 2015. Non-GAAP core revenue, which excludes the impact of currency and revenue from acquisitions completed within the last twelve months, declined 2 percent year-over-year.
GAAP operating margin was 14 percent, compared with 15 percent in the fourth quarter of 2015. Non-GAAP operating margin was 19 percent, compared with 21 percent in the fourth quarter of 2015.
GAAP net income was $92 million, or $0.53 per share, compared with $277 million, or $1.61 per share in the fourth quarter of 2015, which included the recognition of a $201 million tax benefit. Non-GAAP net income was $110 million, or $0.64 per share, compared with $122 million, or $0.71 per share in the fourth quarter of 2015.
As of Oct. 31, 2016, cash and cash equivalents totaled $783 million.

Fiscal Year 2016 Financial Summary
Revenue grew 2 percent over last year and totaled $2.9 billion.
GAAP operating margin was 14 percent, compared with 15 percent in fiscal 2015. Non-GAAP operating margin was 19 percent, compared with 20 percent in fiscal 2015.
GAAP net income was $335 million, or $1.95 per share, compared with $513 million, or $3.00 per share in fiscal 2015, which included the recognition of a $213 million tax benefit. Non-GAAP net income was $419 million, or $2.43 per share, compared with $432 million, or $2.52 per share in fiscal 2015.

Reconciliations between GAAP and non-GAAP information are contained in the attached tables and discussed in the section titled “Non-GAAP Measures.”


1


The following information was filed by Keysight Technologies, Inc. (KEYS) on Thursday, November 17, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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