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Cisco Systems Fiscal Q4 Non-GAAP EPS, Revenue Fall
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Cisco Systems Fiscal Q4 Non-GAAP EPS, Revenue Fall
Aug 14, 2024 1:49 PM

04:26 PM EDT, 08/14/2024 (MT Newswires) -- Cisco Systems ( CSCO ) reported fiscal Q4 non-GAAP earnings late Wednesday of $0.87 per diluted share, down from $1.14 a year earlier.

Analysts polled by Capital IQ expected $0.85.

Revenue for the quarter ended July 27 was $13.64 billion, down from $15.20 billion a year earlier. Analysts surveyed by Capital IQ expected $13.54 billion.

The company expects fiscal Q1 2025 non-GAAP EPS between $0.86 and $0.88 and revenue ranging from $13.65 billion to $13.85 billion. Analysts polled by Capital IQ expect $0.85 and $13.76 billion, respectively.

The company expects fiscal 2025 non-GAAP EPS of $3.52 to $3.58 and revenue between $55 billion and $56.2 billion. Analysts surveyed by Capital IQ expect $3.55 and $55.68 billion.

The company maintained its quarterly dividend at $0.40 per share, payable on Oct. 23 to stockholders of record on Oct. 2.

Shares of Cisco Systems ( CSCO ) rose 5.2% in after-hours activity.

Price: 47.80, Change: +2.36, Percent Change: +5.20

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