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How will Cisco's adjusted EPS for FY 2024 compare to its major competitors?
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Cisco Surpasses Q3 Estimates with $0.88 EPS and $12.7B Revenue
May 15, 2024, 08:06 PM
Cisco Systems reported its Q3 earnings on May 15, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.88, exceeding the estimated $0.82. Revenue for the quarter reached $12.7 billion, also beating the forecasted $12.531 billion. Additionally, Cisco's total subscription revenue for the quarter was $6.9 billion. The company anticipates fiscal year revenue to be between $53.6 billion and $53.8 billion.
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