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- Company news: Cisco’s (CSCO) quarterly results beat analysts’ expectations
Ekonomické zprávy
16.05.2024
Company news: Cisco’s (CSCO) quarterly results beat analysts’ expectations
Cisco (CSCO) reported Q3 FY2024 earnings of $0.88 per share (versus $1.00 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.83 per share.
The company’s quarterly revenues amounted to $12.702 bln (-12.8% y/y), beating analysts’ consensus estimate of $12.534 bln.
The company also issued guidance for Q4 FY2024, seeing EPS of $0.84-0.86 versus analysts’ consensus estimate of $0.86 and revenues of $13.4-13.6 bln versus analysts’ consensus estimate of $13.25 bln.
CSCO rose to $51.91 (+4.51%) in pre-market trading.
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