Cisco Systems (CSCO) Tops Q2 EPS by 1c, Offers Q3 Guidance
Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $12.4 billion versus the consensus estimate of $12.41 billion.
Cisco Systems sees Q3 2019 EPS of $0.76-$0.78, versus the consensus of $0.76.
- Revenue: 4% to 6% growth year over year
"We are very pleased with our strong performance in the quarter," said Chuck Robbins, chairman and CEO of Cisco. "Our teams are executing incredibly well, aggressively transitioning to a software model and accelerating our pace of innovation. We are redefining and connecting every domain of the networking infrastructure to deliver the agility, operational efficiency and security our customers require to embrace multicloud, edge computing and digital transformation."
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