Categories AlphaGraphs, Earnings, Technology
Cisco (CSCO) earnings: Q3 2021 profit, revenue beat estimates
Cisco Systems Inc. (NASDAQ: CSCO) published third-quarter results Wednesday after the closing bell, reporting higher earnings and revenues that topped the Street view.
Adjusted earnings rose to $0.83 per share from $0.79 per share in the third quarter of 2020. Experts had predicted a slightly slower growth. Unadjusted net income, including special items, was $2.9 billion or $0.68 per share, up from last year’s profit of $2.8 billion or $0.65 per share.
Driving the bottom-line growth, third-quarter revenues moved up 7% to $12.8 billion and topped expectations.
Read management/analysts’ comments on Cisco’s Q3 earnings
After gaining about 17% 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:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
