Categories AlphaGraphs, Earnings, Technology
CSCO Earnings: All you need to know about Cisco Systems Q2 2021 earnings results
Cisco Systems Inc. (NASDAQ: CSCO) reported second quarter 2021 earnings results today.
Total revenues remained flat at $12 billion compared to the year-ago period.
GAAP net income declined 12% year-over-year to $2.5 billion, or $0.60 per share. Adjusted net income rose 2% to $3.4 billion while adjusted EPS increased 3% to $0.79 from last year.
For the third quarter of 2021, revenue is expected to grow 3.5-5.5% year-over-year. GAAP EPS is projected to be $0.64-0.69 while adjusted EPS is estimated to be $0.80-0.82.
Cisco declared a quarterly dividend of $0.37 per common share, which is up 3% over the previous quarter’s dividend, to be paid on April 28, 2021 to all stockholders of record as of April 6, 2021.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
