(Updated - August 18, 2021 4:08 PM EDT)

Cisco Systems (NASDAQ: CSCO) reported Q4 EPS of $0.84, $0.02 better than the analyst estimate of $0.82. Revenue for the quarter came in at $13.1 billion versus the consensus estimate of $13.03 billion.

GUIDANCE:

Cisco Systems sees FY EPS of $3.38 to $3.45 vs $3.40 consensus.

• Revenue: 5% to 7% growth year over year

Cisco Systems sees Q1 EPS of $0.79 to $0.81 vs consensus of $0.81

• Revenue: 7.5% to 9.5% growth year over year

"We continue to see great momentum in our business as customers are looking to modernize their organizations for agility and resiliency," said Chuck Robbins, Chair and CEO of Cisco. "The demand for Cisco technology is strong with our Q4 performance marking the highest product order growth in over a decade. With the power of our portfolio, we are well positioned to help our customers accelerate their digital transformation and thrive in a hybrid world."

"We executed exceptionally well delivering strong results across revenue, non-GAAP net income, non-GAAP EPS and record operating cash flow," said Scott Herren, CFO of Cisco. "Our performance reflects the impact of our investments in high growth opportunities resulting in our strong product order growth. As we continue to drive our business model transformation to more recurring revenue, we now have built up over $30 billion in remaining performance obligations."

For earnings history and earnings-related data on Cisco Systems (CSCO) click here.