Wednesday, August 14th, 2024Markets continued to make gains today, following a favorable Consumer Price Index (CPI) report for July and a solidifying notion that a rate cut from the Fed is on the way at its September meeting. After some erratic jumping around today, the Dow closed +242 points, +0.61%, while the Nasdaq barely eked out a green finish: +5 points, +0.03%. The S&P 500 and small-cap Russell 2000 were mixed: +0.38% on the former, -0.46% on the latter.At +2.9%, July CPI year over year — the Inflati ...

For the quarter ended July 2024, Cisco Systems (CSCO) reported revenue of $13.64 billion, down 10.3% over the same period last year. EPS came in at $0.87, compared to $1.14 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $13.52 billion, representing a surprise of +0.90%. The company delivered an EPS surprise of +2.35%, with the consensus EPS estimate being $0.85.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Key TakeawaysCisco is cutting 7% of its workforce, months after revealing a 5% cut in February.The company's fiscal fourth-quarter results beat revenue and earnings expectations.The results were helped by Cisco's $28 billion acquisition of cybersecurity firm Splunk in March. Cisco Systems (CSCO) is cutting about 7% of its workforce as it pivots to higher-growth areas like cybersecurity and artificial intelligence (AI), the company announced in an SEC filing alongside its fiscal fourth-quarter results. The m ...

Cisco Systems (CSCO) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.35%. A quarter ago, it was expected that this seller of routers, switches, software and services would post earnings of $0.83 per share when it actually produced earnings of $0.88, delivering a surprise of 6.02%.Ov ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

营收情况 - 第四季度营收为136亿美元，同比下降10%[4] - 全年营收为538亿美元，同比下降6%[4] - 第一季度营收指引为136.5亿至138.5亿美元；全年营收指引为550亿至562亿美元[4] - 公司总收入为136.42亿美元，同比下降10%[38] - 产品收入为98.58亿美元，同比下降15%[42] - 服务收入为37.84亿美元，同比增长6%[42] - 安全产品收入为17.87亿美元，同比增长81%[42] - 观察产品收入为2.48亿美元，同比增长41%[42] 每股收益 - 第四季度GAAP每股收益为0.54美元，同比下降44%；非GAAP每股收益为0.87美元，同比下降24%[4] - 全年GAAP每股收益为2.54美元，同比下降17%；非GAAP每股收益为3.73美元，同比下降4%[4] - 2024财年第三季度，GAAP每股收益为0.54美元，非GAAP每股收益为0.87美元[51] - 公司预计2025财年GAAP每股收益为$1.93至$2.05，非GAAP每股收益为$3.52至$3.58[73] 利润情况 - 净利润为21.62亿美元，同比下降45%[36] - 2024财年第三季度，GAAP净利润为21.62亿美元，非GAAP净利润为35.31亿美元[50] - 2024财年第三季度，GAAP净收入为21.62亿美元，非GAAP净收入为35.31亿美元[56] - 2024财年第三季度，GAAP净收入同比下降45%，非GAAP净收入同比下降25%[56] - 公司GAAP净利润为$10,320亿，同比下降18%，非GAAP净利润为$15,150亿，同比下降5%[64] 财务状况 - 现金及现金等价物为75.08亿美元，同比下降26%[44] - 总资产为1244.13亿美元，同比增长22%[44] - 总负债为789.56亿美元，同比增长37%[44] - 剩余履约义务总额为410.48亿美元，同比增长18%[46] - 截至2023年7月29日，公司递延收入总额为255.5亿美元，其中产品递延收入为115.05亿美元，服务递延收入为140.45亿美元[48] 投资与分红 - 2024财年第三季度，公司支付股息16.06亿美元，股票回购金额为20.02亿美元，总计36.08亿美元[49] 毛利率与运营情况 - 全年GAAP毛利率为64.7%，非GAAP毛利率为67.5%，为20年来最高[2] - 2024财年第三季度，GAAP毛利率为64.4%，非GAAP毛利率为67.9%[56] - 2024财年第三季度，GAAP运营费用为61.63亿美元，非GAAP运营费用为48.26亿美元[56] - 2024财年第三季度，GAAP运营收入为26.18亿美元，非GAAP运营收入为44.4亿美元[56] - 公司GAAP毛利率为64.7%，非GAAP毛利率为67.5%[65] - 公司GAAP运营费用为$22,647亿，同比增长9%，非GAAP运营费用为$17,935亿，同比增长1%[64] - 公司GAAP运营收入为$12,181亿，同比下降19%，非GAAP运营收入为$18,377亿，同比下降4%[64] - 公司预计2025财年第一季度GAAP毛利率为63.5%至64.5%，非GAAP毛利率为67%至68%[72] - 公司预计2025财年第一季度GAAP运营利润率为14%至15%，非GAAP运营利润率为32%至33%[72] 收入组成 - 全年订阅收入为274亿美元，占营收的51%，包括来自Splunk的43亿美元[3] - 全年软件收入为184亿美元，同比增长9%，其中软件订阅收入为164亿美元，同比增长15%，占软件总收入的89%[3] - 全年年度化经常性收入（ARR）为296亿美元，同比增长22%，包括来自Splunk的43亿美元[3] - 第四季度产品订单增长14%，排除Splunk影响后增长6%[2] 重组计划 - 公司宣布重组计划，预计将产生高达$10亿的重整费用，其中约$7亿至$8亿将在2025财年第一季度确认[74]

公司业绩 - 公司报告的调整后每股收益为87美分，高于分析师预期的85美分[1] - 公司季度营收为136.4亿美元，略高于分析师预期的135.4亿美元[1] - 公司预计下一季度营收将在136.5亿至138.5亿美元之间，相比去年同期的147亿美元有所下降[4] 裁员与重组 - 公司宣布将裁减全球员工总数的7%，并实施重组计划，预计将产生10亿美元的税前费用[1][2] - 重组计划旨在投资关键增长机会并提高业务效率[2] 营收下滑 - 公司第四财季销售额同比下降10%，从152亿美元降至136.4亿美元，这是连续第三个季度营收下降，也是自2020年以来首次全年营收下滑[3] - 营收下滑的部分原因是某些客户在前期已经安装了设备[5] 业务调整与增长 - 公司通过收购Splunk增加了订阅收入，这是公司历史上最大的一笔交易，有助于超出预期表现[6] - 公司的核心网络业务（包括交换机和路由器）自大型企业转向云服务以来一直处于下滑状态，公司通过加强软件和安全业务来多元化并增加订阅收入[7]

Cisco Systems, Inc. CSCO is expected to release earnings results for its fourth quarter, after the closing bell on Wednesday, Aug. 14.Analysts expect the San Jose, California-based company to report quarterly earnings at 85 cents per share, down from $1.08 per share in the year-ago period. Cisco is projected to post revenue of $13.54 billion, compared to $14.45 billion a year earlier, according to data from Benzinga Pro.According to a recent Reuters report, Cisco plans to lay off thousands of employees in a ...

Cisco (NASDAQ:CSCO) is among the large-cap tech stocks that investors may not necessarily pay as close attention to as, say, others in the so-called “Magnificent Seven.” However, the company is seeing significant attention today, with the latest round of Cisco layoffs reportedly set to be carried out soon.This latest round of layoffs will affect at least 4,000 employees. The company is expected to make the official announcement in its upcoming quarterly earnings report, which is due tomorrow.With many tech ...

Cisco Systems Inc CSCO is set to report its fourth-quarter earnings after market hours on Wednesday.Wall Street expects 85 cents in EPS and $13.54 billion in revenues as the company reportsLet’s look at what the charts indicate for Cisco stock, which is down 16.18% over the last year and 10.58% year-to-date. The share price of $45.06 is trading below its five-, 20- and 50-day exponential moving averages. This consistent positioning below key moving averages indicates significant selling pressure. Chart crea ...