Cisco Systems (CSCO) Tops Q1 EPS by 8c; Guides Lower

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Cisco Systems (CSCO) sinks 11% on lower guidance

November 15, 2023 4:09 PM EST

Cisco Systems (NASDAQ: CSCO) sinks 11% on lower guidance:

reported Q1 EPS of $1.11, $0.08 better than the analyst estimate of $1.03. Revenue for the quarter came in at $14.7 billion versus the consensus estimate of $14.62 billion.Cisco Systems sees Q2 2024 EPS of $0.82-$0.84, versus the... More