Cisco Systems (CSCO) Tops Q3 EPS by 8c, Offers Q4 Guidance

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Go back to Cisco Systems (CSCO) Tops Q3 EPS by 8c, Offers Q4 Guidance

Cisco Reports Third Quarter Earnings

May 13, 2020 4:05 PM EDT

Q3 Results: Revenue: $12.0 billion Decrease of (8)% year over yearEarnings per Share: GAAP: $0.65; Non-GAAP: $0.79 GAAP EPS decreased (6)% year over year Non-GAAP EPS increased 1% year over yearQ4 Guidance: Revenue: (8.5)% to (11.5)% decline year over year Earnings per Share: GAAP: $0.57 to $0.62; Non-GAAP: $0.72 to $0.74

SAN JOSE, Calif., May 13, 2020 /PRNewswire/ -- Cisco today reported third quarter results for the period ended April 25, 2020. Cisco reported third quarter revenue of $12.0 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.8 billion or $0.65 per share, and non-GAAP net... More