Cisco Systems (CSCO) reported Q3 FY 2017 earnings of $0.60 per share (versus $0.57 in Q3 FY 2016), beating analysts' consensus of $0.58.
The company's quarterly revenues amounted to $11.940 bln (-0.5% y/y), generally in-line with analysts' consensus estimate of $11.900 bln.
The company also issued guidance for Q4, projecting EPS of $0.60-0.62 (versus analysts' consensus estimate of $0.62) and revenues of $11.88-12.13 bln, down 4-6% y/y (versus analysts' consensus estimate of $12.53 bln).
CSCO fell to $31.22 (-7.69%) in pre-market trading.