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0.000866701334720129 0.000866701334720129 -0.00121338186860796 -0.00260010400416014 -0.00242676373721604 -0.0039868261397122 -0.00225342347027207 -0.00242676373721604
Stock impact report

Buy, Sell Or Hold CSCO Stock? [Forbes]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research 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 Show less Read more
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