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- Company news: Cisco’s (CSCO) quarterly results top analysts’ estimates
Ekonomické zprávy
14.11.2024
Company news: Cisco’s (CSCO) quarterly results top analysts’ estimates
Cisco (CSCO) reported Q1 FY2025 earnings of $0.91 per share (versus $1.11 per share in Q1 FY2024), beating analysts’ consensus estimate of $0.87 per share.
The company’s quarterly revenues amounted to $13.841 bln (-5.6% y/y), slightly beating analysts’ consensus estimate of $13.775 bln.
The company also issued guidance for Q2 FY2025, seeing EPS of $0.89-0.91 versus analysts’ consensus estimate of $0.87 and revenues of $13.75-13.95 bln versus analysts’ consensus estimate of $13.77 bln.
For the full FY2025, Cisco guided to EPS of $3.60-3.66 versus analysts’ consensus estimate of $3.57 and revenues of $55.30-56.30 bln versus analysts’ consensus estimate of $55.83 bln.
CSCO fell to $56.58 (-4.39%) in pre-market trading.
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