Sign in to follow this  
Followers 0

Cisco Announces Its 3Q17 Earnings

1 post in this topic

Looking at the numbers, Cisco is reporting a revenue of $11.9 billion down slightly from last year’s $12 billion. On net income, the company is reporting a GAAP new income of $2.5 billion (up some from this time last year, $2.3 billion) and a non-GAAP of $3 billion (again up slightly from last year’s $2.9 billion). This works out to diluted earnings per share of $0.50 and $0.60. Gross margin for this quarter was 63% GAAP and 64.4% non-GAAP. Operating income was $3.2 billion GAAP and $3.9 billion non-GAAP. Cash and cash equivalents were down to $68 billion at the end of the quarter from last quarter’s $71.8 billion.

Cisco Announces Its 3Q17 Earnings

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
Followers 0