The numbers are the numbers, but as I always do, I like to look between them to understand current and future trends. The company also raised its full-year number, expecting earning to grow to $3.80 to $3.82 a share and revenue to grow 10% to 10.5%.
Networking giant Cisco Systems Inc. showed strong execution in most areas in its fiscal third quarter as it posted record revenue of $14.6 billion, up 14% year-over-year and topping estimates, but there’s a lot more behind the headline numbers.Ĭisco is now creeping up on the $60 billion annual revenue mark, which is a number that seemed out of reach just a few years ago when revenue seemed stuck just under $50 billion. Looking ahead, Cisco expects to earn between $1.05 and $1.07 per share in the fourth quarter, with revenue expected to grow in the 14% to 16% range, the midpoint slightly ahead of the expectation of $1.03 per share and 14.1% growth.
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