Cisco Q4 Earnings: Revenue Beat, EPS Beat, Product Orders Up 14% As Customers Rely On Networking Equipment Maker In New 'Era Of AI'
Portfolio Pulse from Adam Eckert
Cisco Systems Inc (NASDAQ:CSCO) reported strong Q4 earnings, beating both revenue and EPS estimates. The company saw a 14% increase in product orders and declared a quarterly dividend. Cisco's outlook for Q1 and full-year 2025 also shows positive growth expectations.
August 14, 2024 | 8:31 pm
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POSITIVE IMPACT
Cisco reported strong Q4 earnings, beating both revenue and EPS estimates. Product orders increased by 14%, and the company declared a quarterly dividend. The outlook for Q1 and full-year 2025 is positive, with expected revenue and EPS growth.
Cisco's strong Q4 performance, including beating revenue and EPS estimates, and a 14% increase in product orders, indicates robust demand. The positive outlook for Q1 and FY 2025 further supports a bullish sentiment. The after-hours price increase of 5.72% reflects investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100