Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
CSCOCisco Systems(CSCO) CNBC·2024-05-16 04:11

Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Cisco reported earnings and revenue for the fiscal third quarter that topped Wall Street's estimates, even with sales dropping from a year earlier. The stock rose more than 4% in extended trading. Here's how the company did in comparison with LSEG consensus: Earnings per share: 88 cents adjusted vs. 82 cents expected Revenue: 12.7billionvs.12.7 billion vs. 12.53 bil ...