Categories AlphaGraphs, Technology

Key highlights from Cisco (CSCO) Q1 2021 earnings results

Cisco Systems, Inc. (NASDAQ: CSCO) reported first quarter 2021 earnings results today.

Revenue decreased 9% year-over-year to $11.9 billion.

GAAP net income fell 26% to $2.2 billion, or $0.51 per share, compared to last year. Adjusted net income dropped 11% to $3.2 billion, or $0.76 per share, versus last year.

For the second quarter of 2021, Cisco expects revenues to be flat to down 2% year-over-year. GAAP EPS is expected to be $0.55-0.60 while adjusted EPS is expected to be $0.74-0.76.

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

Lyft (LYFT) expects average ride volumes to improve through Q1 2021

Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of

With new strategy in place, Target looks poised to tap growing online demand

Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered

Infographic: Dollar Tree’s (DLTR) performance in Q4

Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company

Add Comment
Viewing Highlight