Categories AlphaGraphs, Earnings, Technology

CSCO Earnings: Cisco reports higher adj. profit and revenue for Q2 2023

Network gear maker Cisco Systems Inc. (NASDAQ: CSCO) on Wednesday said its second-quarter 2023 revenue and adjusted net profit increased from last year.

Cisco Q2 2023 earnings infographic

Excluding special items, adjusted earnings rose to $0.88 per share in the most recent quarter from $0.84 per share in the same period of 2022. Unadjusted net income was $2.8 billion or $0.67 per share, compared to last year’s profit of $3.0 billion or $0.71 per share.

Second-quarter revenues increased 7% year-over-year to $13.6 billion, with strong contributions from the core Secure, Agile Networks division.


Check this space to read management/analysts’ comments on Cisco’s Q2 earnings


“The modern, highly secure networks we are building serve as the backbone of our customers’ technology strategy. This, combined with the success of our ongoing business transformation and operational discipline gives me confidence in our future,” said Cisco’s CFO Chuck Robbins.

Prior Performance

  • Cisco-Q1-2023-Earnings-Infographic
  • Cisco Q4 2022 earnings infographic
  • Cisco Q3 2022 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Adobe (ADBE) Q2 adjusted earnings rise on higher revenues

Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in revenue and adjusted profit for the second quarter of 2025, amid continued growth in its subscription-based business. The design software

ORCL Earnings: Highlights of Oracle’s Q4 2025 financial report

Technology giant Oracle Corporation (NYSE: ORCL) has reported higher revenues and adjusted earnings for the fourth quarter of 2025. Total revenues increased to $15.9 billion in the May quarter from

Key highlights from Chewy’s (CHWY) Q1 2025 earnings results

Chewy, Inc. (NYSE: CHWY) reported its first quarter 2025 earnings results today. Net sales of $3.12 billion increased 8.3% year-over-year. Net income decreased 6.7% to $62.4 million compared to last

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