Cisco Systems (CSCO) Tops Q4 EPS by 2c, Offers FY22 Guidance

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Cisco Reports Fourth Quarter And Fiscal Year 2021 Earnings

August 18, 2021 4:05 PM EDT

SAN JOSE, Calif., Aug. 18, 2021 /PRNewswire/ -- 

News Summary:

Cisco ended fiscal 2021 strong with Q4 performance of $13.1 billion in revenue (up 8% year over year) and fiscal year revenue of $49.8 billion Double digit order growth across all customer markets and geographies, including product order growth of 31% - strongest year-over-year growth in over a decade Continued momentum in transforming our business delivering more software and subscriptions - achieved $4 billion in software revenue in Q4 (an increase of 6% with subscription revenue up 9% year over year) and $15 billion for the year (an... More