(1) Non-GAAP operating margin exclude the impacts of acquisition and integration costs, pre- separation costs, transformational initiatives, asset impairment charges, restructuring-related costs, and non-cash intangibles amortization. A reconciliation between GAAP operating margin and non-GAAP operating margin is set forth on the attached tables.
With respect to guidance, most of these excluded amounts pertain to events that have not yet occurred and are not currently possible to estimate with a reasonable degree of accuracy. Therefore, no reconciliation to GAAP amounts has been provided.
NOTE TO EDITORS: Further technology, corporate citizenship and executive news is available at www.keysight.com/go/news.
| KEYSIGHT TECHNOLOGIES, INC. AND SUBSIDIARIES | ||||||||||||
| ORDERS, REVENUE AND INCOME FROM OPERATIONS | ||||||||||||
| (In millions) | ||||||||||||
| (Unaudited) | ||||||||||||
| PRELIMINARY | ||||||||||||
| Year Ended | Three Months Ended | |||||||||||
| October 31, | October 31, | |||||||||||
| 2014 | 2013 | 2014 | 2013 | |||||||||
| Orders | $ | 2,963 | $ | 2,866 | $ | 760 | $ | 742 | ||||
| Revenue | $ | 2,933 | $ | 2,888 | $ | 762 | $ | 705 | ||||
| Non-GAAP income from operations | $ | 559 | $ | 544 | $ | 160 | $ | 134 | ||||
| Percentage of revenue | 19% | 19% | 21% | 19% | ||||||||
| GAAP income from operations | $ | 469 | $ | 496 | $ | 130 | $ | 128 | ||||
| Percentage of revenue | 16% | 17% | 17% | 18% | ||||||||
