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- Company news: Cisco (CSCO) quarterly results beat analysts’ forecasts
Ekonomické zprávy
18.05.2023
Company news: Cisco (CSCO) quarterly results beat analysts’ forecasts
Cisco (CSCO) reported Q3 FY2023 earnings of $1.00 per share (versus $0.87 per share in Q3 FY2022), beating analysts’ consensus estimate of $0.97 per share.
The company’s quarterly revenues amounted to $14.571 bln (+13,5% y/y), beating analysts’ consensus estimate of $14.359 bln.
The company also issued upside guidance for Q4 FY2023, seeing EPS of $1.05-1.07 versus analysts’ consensus estimate of $1.04 and revenues growing 14-16%, which could be computed as $14.94-15.20 bln versus analysts’ consensus estimate of $14.95 bln.
CSCO fell to $45.55 (-4.37%) in pre-market trading.
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