The networking equipment giant posted adjusted earnings per share of $0.87 for the quarter ended July 27, surpassing analyst estimates of $0.85. Revenue came in at $13.6 billion, above the consensus forecast of $13.53 billion but down 10% YoY.
For the first quarter of fiscal 2025, Cisco forecasts revenue between $13.65 billion and $13.85 billion, with the midpoint slightly above the analyst consensus of $13.71 billion.Cisco's full-year fiscal 2025 guidance projects revenue of $55 billion to $56.2 billion and adjusted EPS of $3.52 to $3.58, both in line with analyst expectations.
Cisco also declared a quarterly dividend of $0.40 per share, payable on October 23, 2024, to stockholders of record as of October 2, 2024.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.