Cisco Systems (CSCO) Tops Q3 EPS by 1c, Guides Q4 EPS In-Line

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Cisco Reports Third Quarter Earnings

May 16, 2018 4:05 PM EDT

Q3 Revenue: $12.5 billion Increase of 4% year over yearRecurring revenue was 32% of total revenue, up 2 points year over year Q3 Earnings per Share: $0.56 GAAP; $0.66 non-GAAPQ4 FY 2018 Guidance: Revenue: 4% to 6% growth year over yearEarnings per Share: GAAP: $0.55 to $0.60; Non-GAAP: $0.68 to $0.70

SAN JOSE, Calif., May 16, 2018 (GLOBE NEWSWIRE) -- Cisco today reported third quarter results for the period ended April 28, 2018. Cisco reported third quarter revenue of $12.5 billion, net income on a generally accepted accounting... More