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Cisco Reports Third Quarter Earnings News provided by Share this article News Summary: Overall performance: $12.8 billion in revenue, up 7% year over year with broad-based strength across the business; GAAP EPS $0.68 and Non-GAAP EPS $0.83, each up 5% year over year 10% year-over-year total product order growth representing the strongest demand in nearly a decade Continued momentum in transforming business to software and subscriptions: 81% of software revenue sold as a subscription, up from 76% last quarter Q3 Results: Earnings per Share: GAAP: $0.68; Non-GAAP: $0.83 GAAP EPS increased 5% year over year Non-GAAP EPS increased 5% year over year Q4 Guidance: Earnings per Share: GAAP: $0.64 to $0.69; Non-GAAP: $0.81 to $0.83 Cisco today reported third quarter results for the period ended May 1, 2021. Cisco reported third quarter revenue of $12.8 billion, net income on a generally accepted accounting principles (GAAP) basis ....
Earnings per Share: GAAP: $0.68; Non-GAAP: $0.83 GAAP EPS increased 5% year over year Non-GAAP EPS increased 5% year over year Q4 Guidance: Earnings per Share: GAAP: $0.64 to $0.69; Non-GAAP: $0.81 to $0.83 Cisco today reported third quarter results for the period ended May 1, 2021. Cisco reported third quarter revenue of $12.8 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.9 billion or $0.68 per share, and non-GAAP net income of $3.5 billion or $0.83 per share. Cisco had a great quarter with strong demand across the business, said Chuck Robbins, chairman and CEO of Cisco. We are confident in our strategy and our ability to lead the next phase of the recovery as our customers accelerate their adoption of hybrid work, digital transformation, cloud, and continued strong uptake of our subscription-based offerings. ....
Cisco Reports Second Quarter Earnings News provided by Share this article News Summary: Product revenue strength across Catalyst 9000, Data Center Switching, Security, Wireless and Webex portfolios Great progress on business transformation to more software and subscription, with 76% of software revenue sold as a subscription Dividend increased 3% GAAP EPS decreased (12)% year over year Non-GAAP EPS increased 3% year over year Q3 Guidance: Earnings per Share: GAAP: $0.64 to $0.69; Non-GAAP: $0.80 to $0.82 Cisco today reported second quarter results for the period ended January 23, 2021. Cisco reported second quarter revenue of $12.0 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.5 billion or $0.60 per share, and non-GAAP net income of $3.4 billion or $0.79 per share. ....