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.

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