Cisco earnings top estimates, warns more job cuts are coming

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 16 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Earnings Per Share News

Estimates,Chuck Robbins,Company Coming

Cisco Systems (CSCO) reported fiscal fourth quarter results that topped Street estimates on both the top and bottom lines. Adjusted earnings of $0.87 per...

) reported fiscal fourth quarter results that topped Street estimates on both the top and bottom lines. Adjusted earnings of $0.87 per share was better than the expected $0.85. Revenue of $13.64 billion topped the Bloomberg estimate of $13.53 billion.

And you also don't always see that with them maintaining their dividend to two things that immediately stick out to me that are normally good for investors. Just to be clear there, Chuck Robbins, the, he was saying in the statement, we saw steady customer demand with order growth across the business.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines