Buy, Sell Or Hold CSCO Stock? [Forbes]
Cisco Systems, Inc. (CSCO)
Last cisco systems, inc. earnings: 2/12 04:05 pm
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Source: Forbes
02, 2024 in Austin, Texas. (Photo by Marla Aufmuth/Getty Images for Texas Conference for Women) Getty Images for Texas Conference for Women Note: Cisco's FY 2024 ended July 27, 2024 Cisco Systems Inc (NASDAQ: CSCO) , a company providing networking equipment, security, collaboration, and cloud management services, grew marginally by 0.8% on Wednesday, 13th November to $59, as compared to flat growth in the S&P 500 index. In comparison, CSCO's peer Alphabet stock (NASDAQ: GOOG) has seen its stock down 1.5% to around $180 on the same day. The company reported $13.8 billion in revenue (in line with guidance) in the fiscal first quarter, representing a 6% decline year-over-year (y-o-y). Despite a revenue decline this quarter, the company's stock is up 17% so far ytd. Its AI infrastructure investments and product order growth (up 20% y-o-y in Q3) are a big win for the company. Cisco's Q1 earnings per share stood out, with a GAAP EPS of $0.68 and a non-GAAP EPS of $0.91, both surpassin
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CSCO
Earnings
- 11/13/24 - Beat
CSCO
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- CSCO's page on the SEC website