Cisco Systems (CSCO) Tops Q1 EPS by 6c, Offers Q2 Guidance

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Cisco Reports First Quarter Earnings

November 12, 2020 4:05 PM EST

Q1 Results: Revenue: $11.9 billion Decrease of (9)% year over yearEarnings per Share: GAAP: $0.51; Non-GAAP: $0.76 GAAP EPS decreased (25)% year over year Non-GAAP EPS decreased (10)% year over year Q2 Guidance: Revenue: 0% to (2)% decline year over year Earnings per Share: GAAP: $0.55 to $0.60; Non-GAAP: $0.74 to $0.76

SAN JOSE, Calif., Nov. 12, 2020 /PRNewswire/ -- Cisco today reported first quarter results for the period ended October 24, 2020. Cisco reported first quarter revenue of $11.9 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2... More