Cisco Systems (CSCO) Tops Q2 EPS by 3c; Seeing 'Encouraging Signs of Strength'

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Cisco Reports Second Quarter Earnings

February 9, 2021 4:05 PM EST

SAN JOSE, Calif., Feb. 9, 2021 /PRNewswire/ --

News Summary:

Total product order growth of 1% year over year   Product revenue strength across Catalyst 9000, Data Center Switching, Security, Wireless and Webex portfolios Great progress on business transformation to more software and subscription, with 76% of software revenue sold as a subscription Dividend increased 3%

Q2 Results:

Revenue: $12.0 billion Flat year over yearEarnings per Share: GAAP: $0.60; Non-GAAP: $0.79 GAAP EPS decreased (12)% year over year Non-GAAP EPS increased... More