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Market
Will Cisco's subscription revenue exceed $7 billion in Q4 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Cisco's Q4 earnings report
Story
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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