Cisco Systems (CSCO) Tops Q4 EPS by 3c; Will Cut Up to 5,500 Jobs

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Go back to Cisco Systems (CSCO) Tops Q4 EPS by 3c; Will Cut Up to 5,500 Jobs

Cisco Reports Fourth Quarter and Fiscal Year 2016 Earnings

August 17, 2016 4:05 PM EDT

SAN JOSE, CA -- (Marketwired) -- 08/17/16 -- Cisco (NASDAQ: CSCO)

Q4 Revenue: $12.6 billion Growth of 2% year over year -- Q4 guidance was 0% to 3% growth year over year (normalized to exclude the SP Video CPE Business for Q4 FY 2015) Q4 Earnings per Share: $0.56 GAAP; $0.63 non-GAAP FY 2016 Revenue (normalized to exclude the SP Video CPE Business): $48.7 billion, growth of 3% year over year FY 2016 Earnings per Share: $2.11 GAAP; $2.36 non-GAAP Q1 FY 2017... More