Categories AlphaGraphs, Earnings, Technology

Cisco (CSCO) Earnings: Q3 2022 profit beats estimates

Cisco Systems Inc. (NASDAQ: CSCO) published third-quarter results Wednesday after the closing bell, reporting higher earnings and flat revenues.

Cisco Q3 2022 earnings infographic

Third-quarter adjusted earnings rose to $0.87 per share from $0.83 per share in the third quarter of 2021. Experts had predicted a slightly slower growth. Unadjusted net income, including special items, was $3.04 billion or $0.73 per share, up from last year’s profit of $2.86 billion or $0.68 per share.

Third-quarter revenues remained unchanged year-over-year at $12.84 billion and missed analysts’ expectations.


Check this space to read management/analysts’ comments on Cisco’s Q3 earnings


After losing about 23% in the past twelve months, Cisco’s shares closed Wednesday’s session lower. The stock lost further during extended trading soon after the announcement.

Prior Performance

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

What to expect when J.M. Smucker (SJM) reports Q4 2023 earnings

Shares of the J.M. Smucker Co. (NYSE: SJM) were up over 1% on Friday. The stock has gained 20% over the past one year. The company is slated to report

LULU Earnings: Highlights of Lululemon Athletica’s Q1 2023 financial results

Athletic wear company Lululemon Athletica (NASDAQ: LULU) has reported a double-digit increase in earnings and revenues for the first quarter of 2023. The company also provided positive guidance for the

Five Below (FIVE) Earnings: 1Q23 Key Numbers

Five Below, Inc. (NASDAQ: FIVE) reported net sales of $726.2 million for the first quarter of 2023, up 13.5% from the same period a year ago. Comparable sales increased 2.7%. Net

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top