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Adam_a

Cisco Announces 3Q19 Earnings

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Looking at the numbers, Cisco is reporting revenue of $13 billion, up 4% from this time last year. The company saw a GAAP net income of $3 billion or a gain of $0.69 earnings per share. For non-GAAP the company saw a net income of $3.5 billion or $0.78 diluted earnings per share. Cisco reported a total gross margin as 63.1% GAAP and 64.6% non-GAAP. Operating expenses for the quarter were $4.7 billion GAAP and $4.2 billion non-GAAP.

 

 

 

Cisco Announces 3Q19 Earnings

 

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