Categories AlphaGraphs, Earnings, Technology
CSCO Earnings: All you need to know about Cisco’s Q1 2023 earnings results
Cisco Systems Inc. (NASDAQ: CSCO) reported first quarter 2023 earnings results today.
Revenue increased 6% year-over-year to $13.6 billion.
Net income decreased 10% to $2.7 billion while EPS fell 7% to $0.65. Adjusted EPS rose 5% to $0.86.
Both revenue and adjusted EPS beat expectations.
The company expects revenue to grow 4.5-6.5% YoY for the full year of 2023. GAAP EPS is expected to be $2.63-2.76 while adjusted EPS is expected to be $3.51-3.58.
The stock gained over 4% during after-market hours following the announcement.
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
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,