Cisco Systems (CSCO) Tops Q3 EPS by 2c; Guides Q4 EPS Above Views

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Cisco Reports Third Quarter Earnings

May 18, 2016 4:05 PM EDT

SAN JOSE, CA -- (Marketwired) -- 05/18/16 -- Cisco (NASDAQ: CSCO)

Solid Quarter Driven by Strong Execution; Continued Strong Margins and Momentum in Growth Areas

Q3 Revenue : $12.0 billion Growth of 3% year over year -- Q3 guidance was 1% to 4% growth year over year (normalized to exclude the SP Video CPE Business for Q3 2015) Q3 Earnings per Share: $0.46 GAAP; $0.57 non-GAAP Q4 Guidance: Revenue: 0% - 3% growth year over year (normalized to exclude the SP Video CPE Business for Q4 2015)... More