Cisco: Q4 exceeds estimates
(CercleFinance.com) - On Wednesday night Cisco Systems reported Q4 2017-18 adjusted net income that is up 8% at 3.
3 billion dollars, meaning EPS of 70 cents, above the consensus.
The quarterly revenues of the US network equipment giant increased 6% to 12.8 billion dollars, with the share of recurrent revenues improving one point over one year to reach 32%.
For the current quarter, Cisco Systems expects adjusted EPS of between 70 cents and 72 cents, with revenues that are up 5% to 7%, compared with the same period of the previous year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 billion dollars, meaning EPS of 70 cents, above the consensus.
The quarterly revenues of the US network equipment giant increased 6% to 12.8 billion dollars, with the share of recurrent revenues improving one point over one year to reach 32%.
For the current quarter, Cisco Systems expects adjusted EPS of between 70 cents and 72 cents, with revenues that are up 5% to 7%, compared with the same period of the previous year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.