- Company News: Cisco Systems (CSCO) quarterly earnings beat analysts’ estimate
Noticias del mercado
16 noviembre 2017
Company News: Cisco Systems (CSCO) quarterly earnings beat analysts’ estimate
Cisco Systems (CSCO) reported Q1 FY 2018 earnings of $0.61 per share (versus $0.61 in Q1 FY 2017), beating analysts' consensus estimate of $0.60.
The company's quarterly revenues amounted to $12.136 bln (-1.7% y/y), generally in-line with analysts' consensus estimate of $12.111 bln.
The company also issued upside guidance for Q2 FY2018, projecting EPS of $0.58-0.60 (versus analysts' consensus estimate of $0.58) and revenues of ~$11.70-11.93 bln (+1-3%; versus analysts' consensus estimate of $11.69 bln).
CSCO rose to $36.24 (+6.24%) in pre-market trading.
Enfoque del mercado
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