Keysight shares rise after third-quarter beat, strong guidance

Shares of Keysight Technologies, Inc. (NYSE: KEYS ) rose sharply in pre-market trading as the company reported better-than-expected third-quarter financial results and issued strong fourth-quarter guidance.

The company reported adjusted earnings of $3.07 per share, which beat the $2.48 analyst consensus estimate, according to Pro data.

Quarterly revenue came in at $1.85 billion, which beat the Street estimate of $1.74 billion.

Keysight shares jumped 3% to $351.40 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers Tenon Medical Inc (NASDAQ: TNON ) gained 91.9% to $10.46 in pre-market trading after the company received a notice of allowance for a U.S.

Patent Titled “Systems, Apparatus and Methods for Stabilizing Sacroiliac Joints.” BioVie Inc (NASDAQ: BIVI ) rose 61.8% to $1.56 in pre-market trading after declining 18% on Tuesday.

The company recently posted a fourth-quarter loss of 70 cents per share.

Zeta Network Group (NASDAQ: ZNB ) rose 57% to $3.50 in pre-market trading after gaining 5% on Tuesday.

Zeta Network Group, last month, announced an 8-for-1 share consolidation.

Maison Solutions In c (NASDAQ: MSS ) rose 40.1% to $2.20 in pre-market trading.

In a Tuesday Securities and Exchange Commission filing, HRT Financial LP, a New York-based institutional investor and designated 10% owner, reported two transactions.

Freecast Inc (NASDAQ: CAST ) rose 31.5% to $2.76 in pre-market trading following an expansion of its media portfolio.

Recon Technology Ltd (NASDAQ: RCON ) rose 26.1% to $4.21 in pre-market trading after dipping more than 25% on Tuesday.

Recon Technology recently announced a $100 million “at-the-market” equity offering program.

Treasure Global Inc. (NASDAQ: TGL ) rose 21.1% to $3.22 in pre-market trading following a Securities and Exchange Commission filing that disclosed the innovative Malaysian e-commerce platform entered a $2 million software enhancement agreement.

OptimumBank Holdings In c (NASDAQ: OPHC ) gained 19.7% to $12.00 in pre-market trading.

Gulf Resources, Inc. (NASDAQ: GURE ) shares gained 9.8% to $3.40 in pre-market trading after rising 3% on Tuesday.

Losers CID HoldCo Inc (NASDAQ: DAIC ) tumbled 46.7% to $0.34 in pre-market trading after the company disclosed an additional Nasdaq listing deficiency and a loan default that could lead to foreclosure on a material portion of its assets and operations.

Profusa Inc (NASDAQ: PFSA ) fell 33.7% to $18.20 in pre-market trading after jumping around 507% on Tuesday.

Trio Petroleum Corp ( NYSE: TPET ) declined 22.2% to $0.20 in pre-market trading after the company announced a 1-for-9 reverse stock split.

OSR Health Inc (NASDAQ: OSRH ) fell 19.6% to $0.35 in pre-market trading after dipping 27% on Tuesday.

Singularity Future Technology Ltd (NASDAQ: SGLY ) fell 19.2% to $2.82 in pre-market trading after dipping 22% on Tuesday.

Singularity Future Technology announced pricing of $1.8 million registered direct offering.

IP Strategy Holdings In c (NASDAQ: IPST ) fell 16.6% to $13.14 in pre-market trading after surging 113% on Tuesday.

WhiteFiber Inc (NASDAQ: WYFI ) fell 16.2% to $22.70 in pre-market trading after the company announced a $250 million offering of Convertible Senior Notes.

C osmos Health Inc (NASDAQ: COSM ) fell 14% to $0.18 in pre-market trading.

Mercury Systems Inc (NASDAQ: MRCY ) fell 10.6% to $93.70 in pre-market trading after the company reported mixed fourth-quarter financial results.

Cronos Group In c (NASDAQ: CRON ) fell 9.7% to $2.90 in pre-market trading.

Cronos Group recently reported better-than-expected second-quarter financial results.

Photo via Shutterstock