Sees Q1 FY25 Non-GAAP EPS $0.86-$0.88 vs. $0.85 Est., Revenue $13.65B-$13.85B vs. $13.71B Est.
Portfolio Pulse from Benzinga Newsdesk
Cisco Systems, Inc. (CSCO) has released its Q1 FY25 financial guidance, projecting a Non-GAAP EPS of $0.86-$0.88, surpassing the estimated $0.85. The company also forecasts revenue between $13.65 billion and $13.85 billion, compared to the estimated $13.71 billion.
August 14, 2024 | 8:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cisco Systems, Inc. (CSCO) has provided a positive financial outlook for Q1 FY25, with Non-GAAP EPS and revenue projections exceeding market estimates.
The positive financial guidance for Q1 FY25, with both EPS and revenue projections exceeding market estimates, is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100